Boryung Pharmaceutical Reports 595.3 Billion KRW in Sales Last Year... Operating Profit Up 24.6%
[Asia Economy Reporter Chunhee Lee] Boryung Pharmaceutical continues its steady growth, recording annual sales of 595.3 billion KRW, a 9.95% increase compared to the previous year.
Boryung Pharmaceutical announced on the 10th that its operating performance for the fourth quarter of last year showed sales of 159.344 billion KRW and operating profit of 9.376 billion KRW. These figures represent growth of 25.1% and 116.6%, respectively, compared to the same period last year. Net profit also increased by 15.5% to 4.834 billion KRW.
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For the cumulative results of last year, sales reached 595.343 billion KRW, a 9.95% increase from 541.445 billion KRW the previous year. Operating profit rose 24.6% to 50.22 billion KRW, and net profit grew 3.0% to 27.862 billion KRW.
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