[Public Notice+] Kookbo, 24.5% Sales Increase Last Year... Effect of 'Bognor·P&B'

Operating Loss Decreases by 81.7%

[Asia Economy Reporter Jang Hyowon] Kookbo, a KOSPI-listed company (CEO Ha Hyun, Lee Taehee), announced on the 27th that it recorded sales of 89 billion KRW last year, an increase of 24.5% compared to the same period last year.

Operating losses also decreased by 81.7% (4.3 billion KRW) year-on-year to 960 million KRW, thanks to subsidiaries Vogue International and P&B International.

A Kookbo official stated, “Along with stable sales in our core business, the growth of major subsidiaries is supporting the improvement of our financials,” adding, “With the recent full-scale launch of our future growth engines, Buxi and Buxi Busan, we expect continuous sales growth and profit generation this year as well.”

This year, Kookbo plans to apply the mobility technologies owned by Buxi?such as vehicle location tracking, optimal route calculation, and efficient dispatch systems?to its main logistics industry business to develop a ‘Smart Logistics Platform.’ Through this technological innovation, the company aims to lead the smart logistics mobility market.

A Kookbo official said, “Kookbo’s subsidiary Buxi Busan is focusing on the smart mobility business in the blockchain special zone of the Busan area through large-scale investments,” and added, “By expanding the platform base from Busan to the Gyeongnam region, we plan to promote innovative logistics businesses such as cold chain logistics to maximize performance and corporate value.”