CJ CheilJedang's Operating Profit Last Year 1.2916 Trillion KRW... 22% Decrease Compared to Previous Year
CJ CheilJedang announced on the 13th that its consolidated operating profit for last year was tentatively estimated at 1.2916 trillion KRW, a 22.4% decrease compared to the previous year.
Sales decreased by 3.5% to 29.0235 trillion KRW. Net profit fell by 30.3% to 559.5 billion KRW.
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Operating profit for the fourth quarter increased by 24% year-on-year to 298.3 billion KRW. Fourth-quarter sales and net profit were 7.2894 trillion KRW and 151.9 billion KRW, respectively.
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