Yerimdang Reports Operating Loss of 174.2 Billion KRW Last Year... Continued Deficit
[Asia Economy Reporter Minji Lee] Yerimdang announced on the 2nd that it recorded an operating loss of 174.2 billion KRW last year, continuing its deficit. Sales decreased by 65% compared to the previous year, totaling 293.6 billion KRW, and the net loss was recorded at 140.7 billion KRW. The company stated, "Passenger transportation sales and profits of T'way Air decreased due to COVID-19."
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