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Ssangyong Motor turns to black for first time in 9 years

2017-01-23

Ssangyong Motor Co., the local unit of Indian carmaker Mahindra & Mahindra Ltd., is believed to have posted an operating profit in 2015 for the first time in nearly a decade, market observers noted Monday.

The observers estimated the company's operating profit at 50 billion won ($42.5 million) last year.


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