Daehan Shipping Reports Operating Profit of 328.6 Billion KRW Last Year, Up 31.5% Year-on-Year

SM Group's shipping division affiliate, Daehan Shipping, announced on the 12th that its operating profit on a consolidated basis last year was 328.6 billion KRW, an increase of 31.5% compared to the previous year. Sales revenue rose 25.0% to 1.7472 trillion KRW.

In the fourth quarter of last year, sales were 404.6 billion KRW and operating profit was 61.9 billion KRW, up 11.5% and 23.0% respectively from the same period the previous year.