Cosmax Reports Operating Profit of 115.7 Billion KRW Last Year, Up 117.9%

Cosmax announced on the 7th that its operating profit on a consolidated basis last year reached 115.7 billion KRW, an increase of 117.9% compared to the previous year. Sales rose 11.1% to 1.7775 trillion KRW, and net profit turned positive at 37.8 billion KRW. The company explained that this was due to strong orders from export clients in the Japanese market, robust domestic sales, the reopening effect of economic activities, and improved profitability of overseas subsidiaries. Last year, Cosmax Korea's sales increased by 24% year-on-year to 1.0575 trillion KRW, and operating profit surged 103% to 86.8 billion KRW.

This content was produced with the assistance of AI translation services.