Deck plate specialist manufacturer Winhightech (CEO Song Ja-eun) announced its first half performance through a semi-annual review report on the 13th.
Winhightech's sales in the second quarter of this year reached 35 billion KRW, and operating profit was 6.2 billion KRW, increasing by 9.7% and 39.9% respectively compared to the previous quarter. The cumulative sales on a consolidated basis for the first half of this year amounted to 67 billion KRW, with an operating profit of 10.7 billion KRW.
The company explained, "The increase in operating profit in the second quarter is attributed to continuous cost reduction efforts, and despite the domestic and international economic downturn and the deterioration of the domestic construction market, we recorded a stable operating profit margin, demonstrating steady growth."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
