[Asia Economy Reporter Minji Lee] F&F is showing an upward trend after posting solid results for the fourth quarter.
As of 2:58 PM on the 17th, F&F's stock price rose 9.8% to 134,500 KRW.
On the same day, F&F announced that its consolidated operating profit for the fourth quarter was 72.139 billion KRW, a 2.5% increase compared to the same period last year. During the same period, sales increased by 4.9% to 345.722 billion KRW.
The market had predicted that F&F's operating profit for the fourth quarter would be 56.5 billion KRW, down 19% from 70.6 billion KRW in the same period last year.
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