Lock&Lock Reports Preliminary Operating Profit of 13.9 Billion KRW in 4Q Last Year

[Asia Economy Reporter Hwang Junho] Lock&Lock announced on the 21st that it posted a preliminary operating profit of 13.93 billion KRW based on consolidated financial statements for the fourth quarter of last year. This represents a 44% increase compared to the previous quarter. Sales in the fourth quarter of last year recorded 149.656 billion KRW, an 11.5% increase from the previous quarter. Net profit for the period was 2.758 billion KRW, down 50.8% from the previous quarter.