What a widening profit gap means for Korea Zinc control fight

Korea Zinc more than doubled its second-quarter operating profit to a record high, while Young Poong’s profit nearly evaporated from the previous quarter, widening the earnings divide between the two rivals locked in a battle for control. Korea Zinc reported consolidated revenue of 6.37 trillion won ($4.56 billion) for the April-June period, up 66.6 percent from 3.82 trillion won a year earlier, according to regulatory filings. Operating profit surged 126.8 percent on-year to 587 billion won fro