SK Shipping’s 1Q15 profit surges 876%

South Korea’s third-biggest shipping company SK Shipping said on 18 May that its net profit in the first quarter in 2015 jumped 876% year on year (y/y) to KRW28.5 billion (USD25.6 million).
Operating profit, which are earnings from the company’s core business, rose 82% y/y to KRW57.5 billion.