Winia Dimchae Reports Operating Profit of 44 Billion KRW Last Year, Down 11.5% Year-on-Year
[Asia Economy Reporter Yoo Byung-don] Winia Dimchae announced on the 10th that its operating profit on a consolidated basis last year was 44.0598 billion KRW, a decrease of 11.5% compared to the previous year.
During the same period, sales increased by 20.2% to 1.5252 trillion KRW. Net profit for the period decreased by 38.5% to 18.6961 billion KRW.
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The company stated, "Sales increased due to balanced growth of core products (kimchi refrigerators, refrigerators, air conditioners, etc.), but profits declined due to rising costs (raw materials and logistics, etc.) and exchange rate effects."
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