Gyeongin Electronics Reports Operating Profit of 2 Billion KRW Last Year, Up 106% Year-on-Year
[Asia Economy Reporter Lee Jung-yoon] Kyeongin Electronics announced on the 8th that its operating profit last year increased by 106.4% compared to the previous year, totaling 1,998.76 million KRW.
Last year's net profit rose 174% year-on-year to 3,699.85 million KRW, and sales increased by 31.7% to 27,390.66 million KRW.
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The company explained this as "an increase in sales and a decrease in parts cost ratio."
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