Ildong Holdings Reports Operating Loss of 9.2 Billion KRW Last Year... Continued Deficit
[Asia Economy Reporter Minji Lee] Ildong Holdings announced on the 19th that it recorded an operating loss of 9.2 billion KRW last year, narrowing the deficit compared to the previous year. Sales increased by 104% to 596.5 billion KRW, and the net loss for the period was 31.8 billion KRW.
The company stated, "Since the third quarter of 2019, volatility in profit and loss has increased due to the consolidation of its subsidiary Ildong Pharmaceutical."
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On the same day, the company announced a cash dividend of 100 KRW per share as a year-end dividend. The total dividend amount was 1.1292 billion KRW.
This content was produced with the assistance of AI translation services.
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