DYPNF Reports Operating Profit of 25.7 Billion KRW Last Year... "Reflecting Revenue from Major Projects"
DYPNF announced on the 18th that it achieved consolidated sales of 289 billion KRW and an operating profit of 25.7 billion KRW last year. These figures represent increases of 100.6% and 208.6%, respectively, compared to the same period of the previous year. Net profit for the period recorded 18.6 billion KRW, up 225.9%.
The company explained that it significantly improved its performance last year by smoothly progressing large-scale projects such as Russia Baltic and Sambak LFT. Additionally, by securing numerous large domestic and international projects, it secured a substantial order backlog and laid the foundation for future performance.
A company representative stated, “Despite uncertainties in the chemical and secondary battery markets, existing projects continued to deliver good results, securing a stable order backlog,” and added, “We will focus on continuous order expansion this year to maintain high growth rates.”
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The company explained that future performance growth will continue, centered on industries where the application of new powder transfer systems is expanding, such as advanced chemical products and secondary battery materials. DYPNF plans to strengthen growth mainly in the special chemical sector and establish an additional growth foundation through active expansion of overseas market sales.
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