Daewon Electric Wire, Operating Profit of 2.3 Billion KRW Last Year... 46% Decrease Compared to Previous Year

[Asia Economy Reporter Lee Jung-yoon] Daewon Cable announced on the 8th that its operating profit based on consolidated financial statements for last year decreased by 45.9% compared to the previous year, amounting to 2,312.29 million KRW.

Sales increased by 29.4% year-on-year to 475,275.76 million KRW, while net profit for the period decreased by 40.6% to 1,375.45 million KRW, according to the disclosure.