Jaeyeong Solutec Reports Operating Loss of 1.2 Billion KRW Last Year... Returns to Operating Deficit
[Asia Economy Reporter Ji Yeon-jin] Mobile phone parts manufacturer Jaeyeong Solutec announced on the 23rd that its consolidated sales for last year amounted to 91.7 billion KRW, a 31.19% decrease compared to the previous year.
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During this period, operating loss and net loss were 1.2 billion KRW and 6.8 billion KRW, respectively, turning into deficits. The company explained, "Sales, operating profit, and net profit decreased due to the economic downturn caused by COVID-19."
This content was produced with the assistance of AI translation services.
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