NanoCamtech Reports Operating Loss of 10.4 Billion KRW Last Year... Returns to Deficit

[Asia Economy Reporter Lee Myunghwan] Nanocamtech announced on the 16th that it recorded an operating loss of 10.485 billion KRW on a consolidated basis last year, turning to a deficit.

During the same period, sales increased by 9% year-on-year to 47.066 billion KRW. Net loss for the period rose 292% to 13.755 billion KRW.

Nanocamtech explained, "Compared to the previous year, one-time expenses such as additional charges imposed on subsidiaries increased, leading to a turnaround to an operating loss and an expansion of net loss for the period."