Sangsin Brake Reports Operating Profit of 12.2 Billion KRW Last Year, Up 55% Year-on-Year

[Asia Economy Reporter Lee Jung-yoon] Sangsin Brake announced on the 8th that its operating profit on a consolidated basis last year increased by 55.3% compared to the previous year, reaching 12.2 billion KRW.

Sales increased by 13.7% year-on-year to 397.02306 billion KRW, and net profit turned positive to 9.99921 billion KRW.

The company stated, "The increase in sales and profits compared to the previous year is due to demand recovery after COVID-19."