Ajusteel Reports Operating Profit of 56.1 Billion KRW Last Year, Up 97% Year-on-Year

[Asia Economy Reporter Minji Lee] Ajou Steel announced on the 15th that its operating profit last year reached 56.17742 billion KRW, a 97% increase compared to the previous year. Sales grew by 63.8% to 933.3 billion KRW, and net profit rose 200% to 35.1 billion KRW. The company explained that "performance improved due to growth in the premium home appliance market."