StickInve's Operating Profit Last Year 13.4 Billion KRW... 60% Decrease YoY

On the 27th, Stick Investment announced that it recorded consolidated sales of 79.5 billion KRW and an operating profit of 13.4 billion KRW last year. Compared to the previous year, sales decreased by 15.2% and operating profit decreased by 59.5%. Net profit for the same period also declined by 66.2%, totaling 93.3 billion KRW.

The company explained, "Due to the base effect caused by performance fees incurred in the previous fiscal year, sales and profits decreased relatively last year," adding, "Investment costs increased as losses from the fair value evaluation of subsidiary investment assets were reflected."

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