Crown Haitai Holdings Reports Operating Profit of 39.4 Billion KRW Last Year, Down 27.6% Year-on-Year

[Asia Economy Reporter Eunmo Koo] Crown Haitai Holdings saw a significant decrease in operating profit last year due to the base effect. It is interpreted that rising costs had an impact.

According to the Financial Supervisory Service's electronic disclosure system (DART) on the 23rd, Crown Haitai Holdings' consolidated operating profit last year was 39.307 billion KRW, a 27.63% decrease compared to 54.316 billion KRW the previous year.

During the same period, sales increased by 0.54% to 928.178 billion KRW from 923.223 billion KRW the previous year, while net profit decreased by 72.27% to 11.185 billion KRW.