Taeyoung Construction announced on the 13th that it recorded an operating profit of 15.1 billion KRW last year, turning to a profit compared to the previous year.
Taeyoung Construction, which recorded an operating loss of 44.5 billion KRW in 2023, saw its operating profit increase by 419.6 billion KRW last year.
On a consolidated basis, sales amounted to 2.6903 trillion KRW, a decrease of 19.8%. This was largely due to the completion of large-scale projects such as the Yongin 8 District redevelopment and Jeonju Eco City Decian Block 15.
Net profit turned positive at 43.1 billion KRW. As of the end of last year, the debt ratio stood at 756%. Capital stock was recorded at 147.3 billion KRW.
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