Kolon Plastic, 3Q 11.2 Billion Won... Record Quarterly High
[Asia Economy Reporter Hwang Yoon-joo] Kolon Plastics recorded the highest quarterly operating profit in its history.
Kolon Plastics announced on the 5th that its consolidated operating profit for the third quarter was 11.2 billion KRW, an increase of 13,603% compared to the same period last year. Sales rose 36.4% to 104.8 billion KRW.
Hot Picks Today
As Samsung Falters, Chinese DRAM Surges: CXMT Returns to Profit in Just One Year
- "Most Americans Didn't Want This"... Americans Lose 60 Trillion Won to Soaring Fuel Costs
- Man in His 30s Dies After Assaulting Father and Falling from Yongin Apartment
- Samsung Union Member Sparks Controversy With Telegram Post: "Let's Push KOSPI Down to 5,000"
- "Why Make Things Like This?" Foreign Media Highlights Bizarre Phenomenon Spreading in Korea
Kolon Plastics stated, "Our overseas marketing strategy focused on high value-added large customers, which we have been promoting, contributed to improving profitability," and added, "We will accelerate sustainable growth by transitioning to next-generation mobility materials such as electric vehicles and hydrogen vehicles, and by expanding into overseas high value-added markets."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
