Simtek Holdings, Operating Profit of 88.4 Billion KRW Last Year... Returned to Profitability

[Asia Economy Reporter Ji Yeon-jin] Symtek Holdings announced on the 23rd that its consolidated sales for last year amounted to 1,201.7 billion KRW, a 20.1% increase compared to the previous year.

During this period, operating profit was 88.4 billion KRW, and net profit was 53.8 billion KRW, both turning positive. The company explained, "Sales grew mainly from high value-added products for servers and smart mobile devices, and we succeeded in a breakthrough improvement in the profit structure and turning the Japanese subsidiary to profitability."