Simtek Holdings, Operating Profit of 88.4 Billion KRW Last Year... Returned to Profitability
[Asia Economy Reporter Ji Yeon-jin] Symtek Holdings announced on the 23rd that its consolidated sales for last year amounted to 1,201.7 billion KRW, a 20.1% increase compared to the previous year.
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During this period, operating profit was 88.4 billion KRW, and net profit was 53.8 billion KRW, both turning positive. The company explained, "Sales grew mainly from high value-added products for servers and smart mobile devices, and we succeeded in a breakthrough improvement in the profit structure and turning the Japanese subsidiary to profitability."
This content was produced with the assistance of AI translation services.
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