KG Steel's Operating Profit in Last Year 208.1 Billion KRW... 26% Decrease Compared to Previous Year
Both Sales and Net Profit Decline
KG Steel announced on the 11th that its consolidated operating profit for last year was tentatively estimated at 208.1 billion KRW, a decrease of 25.78% compared to the previous year.
Sales declined by 3.72% to 3.3022 trillion KRW, and net profit also decreased by 39.88% to 141.4 billion KRW.
Operating profit for the fourth quarter of last year was recorded at 38.8 billion KRW, an increase of 14.52% compared to the same period last year.
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Fourth-quarter sales amounted to 790.3 billion KRW, down 5.73% from 838.3 billion KRW in the same period last year.
This content was produced with the assistance of AI translation services.
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