Seegene Reports Operating Profit of 666.7 Billion KRW Last Year, Down 1.4% YoY
[Asia Economy Reporter Kwon Jae-hee] Diagnostic kit company Seegene announced on the 17th that its consolidated operating profit for last year was tentatively estimated at 666.7 billion KRW. This represents a 1.4% decrease compared to the previous year.
Sales revenue increased by 21.8% during the same period to 1.3708 trillion KRW. Net profit rose by 6.8% to 537.6 billion KRW.
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Operating profit for the fourth quarter was 199.9 billion KRW, down 22.4% year-on-year. During the same period, sales revenue and net profit were 410 billion KRW and 163.4 billion KRW respectively, decreasing by 7.2% and 11.8% respectively.
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