Seegene Reports Operating Profit of 195.9 Billion KRW Last Year, Down 70.6% Year-on-Year

[Asia Economy Reporter Lee Jung-yoon] Seegene announced on the 17th that its consolidated operating profit for last year was tentatively estimated at 195.9 billion KRW, a 70.6% decrease compared to the previous year.

Sales amounted to 853.4 billion KRW, down 37.7% from the previous year. Net profit was 180 billion KRW, a decrease of 66.5%. Operating profit for the fourth quarter of last year was 15.5 billion KRW, down 92.2% compared to the same period last year. Sales and net profit were 122.7 billion KRW and 450 million KRW, respectively.