Pungsan announced on the 8th that its consolidated operating profit for last year was tentatively estimated at 242.8 billion KRW, a 22.7% decrease compared to the previous year.
Sales increased by 24.6% year-on-year to 4.373 trillion KRW. Net profit decreased by 24.8% to 183 billion KRW.
Operating profit for the fourth quarter was 54 billion KRW, down 16.2% compared to the same period last year. Sales and net profit were 1.133 trillion KRW and 48.5 billion KRW, respectively.
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