On February 23, precision equipment company Nexton & Roll Korea announced that its consolidated operating profit turned to a surplus last year, recording 3.2 billion won.
During the same period, sales came in at 70.4 billion won, up 122.6% year-on-year, and net profit returned to the black at 6.7 billion won.
A company representative said, "The reason consolidated results turned profitable is that the performance of Mirae Industries, a major subsidiary, was reflected," adding, "The separate results were affected by external factors such as U.S. tariff policies, which kept capital investment demand in key end-use industries from recovering and created an uncertain export environment. This year, we plan to overcome these challenges through business structure improvement and greater efficiency."
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