iWons "Targeting Operating Profit in the 10 Billion KRW Range This Year"
[Asia Economy Reporter Yoo Hyun-seok] I-ONE S, a semiconductor and display component specialist company, announced on the 11th that it expects to achieve operating profits in the 10 billion KRW range this year through strong personnel restructuring and profit generation following the return of CEO Lee Moon-gi, the largest shareholder.
After returning to management, Lee Moon-gi, CEO of I-ONE S, first secured cash liquidity by improving profitability through strong personnel restructuring and consolidating diversified business divisions to reduce costs.
In addition, with the recovery of the global semiconductor and display industry, an increase in orders from global customers is expected, and the company is preparing to expand production facilities and lines.
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Through this, the company aims for sales of 160 billion to 170 billion KRW this year, a 30% growth in scale compared to the previous year, and operating profit exceeding 10 billion KRW with an operating margin in the double digits.
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