Hyosung: Poor Q4,but '05 outlook is good

摘要

HYOSUNG's financial results in the fourth quarter of 2004 were well below expectations,but the company is still expected to perform well in 2005,according to a Daewoo Securities analyst.The company posted an operating profit of Won2.5bn (USus2.49m) in Q4 04,90% lower than what it achieved in the same period of 2003.The analyst,Lee Soo-hye,gave several reasons for the poor performance.