Samhwa Crown Reports Operating Profit of 9.5 Billion KRW Last Year, Up 4.6% Year-on-Year
[Asia Economy Reporter Minji Lee] Samhwa Crown announced on the 10th that its operating profit increased by 4.6% last year to 9.5 billion KRW. Sales rose 20% to 140.2 billion KRW, while net profit decreased by 82% to 1.4 billion KRW.
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The company stated, "Net profit declined due to impairment evaluation of intangible assets and goodwill recognized at the time of business combination acquisition."
This content was produced with the assistance of AI translation services.
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