SupxBNP Reports Operating Profit of 1.1 Billion KRW Last Year, Down 66% YoY

[Asia Economy Reporter Minji Lee] Suppex BNP announced on the 2nd that its operating profit last year was 1.14581 billion KRW, down 66% compared to the previous year. Sales decreased by 51% to 20 billion KRW, and the net loss was recorded at 8.6 billion KRW.

The company explained, "Sales declined due to poor performance in the distribution division caused by external factors such as COVID-19," and added, "Financial costs related to stock-linked bonds decreased, and losses on fair value financial assets also declined."