Green Cross, 3Q Sales 439.4 Billion KRW... Operating Profit Down 33%

GC Green Cross announced on the 1st that its consolidated operating (preliminary) results for the third quarter of this year were sales of 439.4 billion KRW and operating profit of 32.8 billion KRW. Compared to the same period last year, sales decreased by 4.4%, and operating profit also declined by 32.8%.

Exterior view of GC Green Cross headquarters in Yongin-si, Gyeonggi Province [Photo by GC Green Cross]

The company explained regarding sales, "Overseas influenza vaccine sales grew compared to the same period last year, but there was a temporary gap in Hunterase sales due to geopolitical issues," adding, "Operating profit was affected by adjustments in the product sales mix."

On a cumulative basis for this year, sales amounted to 1.2217 trillion KRW, and operating profit was 42.8 billion KRW. These figures also represent a decrease of 6.0% in sales and 58.7% in operating profit compared to last year.

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