Hanjin Profits Expected To Rise

Hanjin Shipping said it aimed to generate $410 million in operating profit this year, up from an estimated $355 million last year. Hanjin, a shipping unit of South Korea's Hanjin Group, expects sales of $4 billion in 2001, up 10.7 percent from last year's, the company said in a statement. The company said figures in Korean won were unavailable. - (Reuters)