Seongan Reports 1.5 Billion KRW Operating Loss Last Year... Continued Deficit
Seongan announced on the 15th that its operating loss on a consolidated basis last year was 1.5 billion KRW, a decrease of 87.0% in the deficit compared to the same period of the previous year. During the same period, sales decreased by 8.1% to 72.4 billion KRW, and net loss turned to 8 billion KRW.
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The company stated, "Net profit for the previous fiscal year increased due to disposal gains arising from the exclusion of consolidated subsidiaries from the consolidation scope in the previous fiscal year."
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