KSS Shipping 2019 4Q Operating Profit 15.8 Billion KRW... 44% Increase YoY
[Asia Economy Reporter Minwoo Lee] KSS Shipping announced on the 5th that its consolidated sales for the fourth quarter of last year were 61.6 billion KRW, and operating profit was 15.8 billion KRW on a preliminary basis. This represents an increase of 16.01% and 44.88%, respectively, compared to the same period last year. Net profit for the same period increased by 628% to 9.4 billion KRW.
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Last year's total sales amounted to 231.2 billion KRW, and operating profit was 52.9 billion KRW. These figures represent increases of 14.19% and 12.36%, respectively, compared to the previous year. Net profit increased by 11.76% to 23.2 billion KRW.
This content was produced with the assistance of AI translation services.
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