Yuhan Corporation Reports 1.859 Trillion KRW in Sales Last Year... Operating Profit Up 58%

Yuhan Corporation announced on the 6th that it recorded operating results of KRW 1.859 trillion in sales and KRW 56.78361 billion in operating profit last year.

Yuhan Corporation Headquarters Building Exterior
[Photo by Yuhan Corporation]

Sales increased by 4.7% and operating profit by 57.6% compared to 2022. The company stated that "sales and profits of the parent company and subsidiaries increased" and cited "an increase in license revenue" as the main reasons for the growth in sales and operating profit. For the fourth quarter of last year, it posted sales of KRW 437.15 billion and operating profit of KRW 5.974 billion.

On a standalone basis, Yuhan Corporation recorded sales of KRW 1.8091 trillion and operating profit of KRW 57.27 billion last year. In the fourth quarter, it posted sales of KRW 426.661 billion and operating profit of KRW 6.453 billion.

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