Kumho Industrial Reports Operating Profit of 55.6 Billion KRW Last Year, Up 31.7% Year-on-Year
[Asia Economy Reporter Dongwoo Lee] Kumho Industrial announced on the 13th that its consolidated operating profit for last year was tentatively estimated at 55.6 billion KRW, a 31.7% increase from the previous year (42.3 billion KRW).
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Sales increased by 16.1% during the same period, from 1.3767 trillion KRW to 1.5977 trillion KRW. Net profit turned positive to 8.8 billion KRW from a 0.5 billion KRW loss the previous year. By sector, civil engineering sales increased by 31% year-on-year to 624 billion KRW, and housing sector sales rose 26% during the same period to 420.4 billion KRW.
This content was produced with the assistance of AI translation services.
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