PNC Tech, Order Unit Price Decline Leads to 52% Drop in Operating Profit Last Year

by Gi Yeonjin

Published 15 Feb.2021 11:14(KST)

[Asia Economy Reporter Ji Yeon-jin] P&C Tech announced on the 15th that its operating profit last year decreased by 52.01% compared to the previous year, recording 1,091.61 million KRW, due to a decline in the unit price of electronic power meters. Sales decreased by 8.22% year-on-year to 19.6 billion KRW, and net profit for the period fell by 24.61% to 1,095.42 million KRW.