Osstem Implant Reports Net Loss in Q4 Last Year... Impact of Embezzlement Case

[Asia Economy Reporter Park Jihwan] Osstem Implant announced that its preliminary consolidated operating profit for the fourth quarter of last year was estimated at 46.6 billion KRW. Net profit turned to a loss of 52.6 billion KRW.

During the same period, sales amounted to 236.7 billion KRW, an increase of 21.5% compared to 194.8 billion KRW in the same period last year.