Pungwon Precision's Operating Profit Last Year 3.06 Billion KRW... Up 407.8% Year-on-Year
[Asia Economy Reporter Lee Myunghwan] Pungwon Precision announced on the 16th that its consolidated annual operating profit for last year increased by 407.8% compared to the previous year, reaching 3,062.48 million KRW.
During the same period, sales amounted to 41,953.07 million KRW, a 13% increase from the previous year, and net profit for the period rose by 380% to 2,842.46 million KRW.
Hot Picks Today
"Could I Also Receive 370 Billion Won?"... No Limit on 'Stock Manipulation Whistleblower Rewards' Starting the 26th
- Samsung Electronics Labor-Management Reach Agreement, General Strike Postponed... "Deficit-Business Unit Allocation Deferred for One Year"
- "From a 70 Million Won Loss to a 350 Million Won Profit with Samsung and SK hynix"... 'Stock Jackpot' Grandfather Gains Attention
- "Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- "Who Is Visiting Japan These Days?" The Once-Crowded Tourist Spots Empty Out... What's Happening?
Pungwon Precision explained the reason for the increase in operating profit as "a rise in sales of stick bar masks and an increased proportion of deliveries of open metal masks made with reusable frames, which led to a reduction in raw material costs."
This content was produced with the assistance of AI translation services.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
