BK Tops Sells Machinery and Equipment Worth 14.8 Billion KRW... "Significant Improvement in Financial Structure"

[Asia Economy Reporter Hyunseok Yoo] BK Tops announced on the 17th that it has signed a supply contract (goods sales contract) worth 14.8 billion KRW with Antbuzz. This amount corresponds to 150.64% of the recent sales revenue (9.8 billion KRW). The contract period is until November 15.

The company expects a significant improvement in its financial structure through the sale of machinery and equipment at its on-site factory. A company official stated, “As part of business normalization, we are focusing on business diversification and stable financial structure improvement.”

Meanwhile, BK Tops acquired 100% of the shares of 3D game development company NSpec in August for the purpose of business diversification and has entered the metaverse new business sector.