Hantap Achieves Operating Profit Surplus for Three Consecutive Years

Hantop (CEO Ha Sang-kyung) has succeeded in achieving operating profit for three consecutive years.

On the 7th, Hantop announced through a profit structure change disclosure that it recorded sales of 84.889 billion KRW and operating profit of 3.73 billion KRW based on the 2024 consolidated financial statements. Although sales slightly decreased compared to the previous year due to the suspension of production in the feed business division, operating profit increased by 309%.

A company official stated, “The suspension of loss-making business division production and company-wide cost reduction efforts, among other profit structure improvement strategies, drove the growth in operating profit. Although net income was not realized due to a significant foreign exchange loss reflected from the sharp exchange rate increase in the second half of last year, the net loss also decreased by more than 50% compared to the previous year, which is encouraging.”

Hantop plans to continue company-wide efforts this year to reduce cost of sales, selling and administrative expenses, and financial costs, and will strive to achieve not only operating profit but also a turnaround to net income.