India, Aug. 14 -- South Korea's Hyundai Marine & Fire Insurance Co. Ltd. (001450.KS) reported Friday higher operating income in its second quarter, despite weak sales.

In South Korea, the shares were trading at 44,950.00 won, up 4.66 percent.

In the quarter, operating income climbed 47 percent to 504.980 billion won from prior year's 343.751 billion won.

Net earnings grew 58 percent to 391.849 billion Korean won from 247.770 billion won a year ago.

Sales, meanwhile, dropped 6 percent to 4.581 trillion won from 4.876 trillion won last year.

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