GKL Reports Operating Loss of 10.7 Billion KRW in 2Q... Deficit Narrowed

by Kwon Jaehee

Published 10 Aug.2022 15:12(KST)

[Asia Economy Reporter Kwon Jaehee] GKL announced on the 10th that its consolidated operating loss for the second quarter of this year was tentatively estimated at 10.712 billion KRW. This represents a 58.6% decrease in the loss compared to the same period last year.

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Sales amounted to 48.072 billion KRW, an increase of 45.8% during the same period. Net loss was 7.988 billion KRW, a 55.8% reduction in the loss size.

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