Chong Kun Dang Reports Operating Profit of 109.9 Billion KRW Last Year, Up 16% Year-on-Year

Exterior view of Chong Kun Dang headquarters. [Photo by Chong Kun Dang]

[Asia Economy Reporter Lee Gwanju] Chong Kun Dang announced on the 3rd that its operating profit on a consolidated basis last year increased by 16.0% to 109.9 billion KRW compared to the previous year. Sales reached 1.4883 trillion KRW, up 10.8%, and net profit for the period rose 88.8% to 79.9 billion KRW.

The company stated, "Sales and profits grew due to the continued growth of major products."