Apple Korea’s 2022 sales edge up 3.3 pct to 7.3 tln won

SEOUL– Apple Korea’s sales rose slightly to 7.3 trillion won (US$5.9 billion) last year, data showed Monday.

The South Korean unit of U.S. tech giant Apple Inc. logged 7.3 trillion won in sales from Oct. 1, 2021, to Sept. 30, 2022, up from 7.1 trillion won the previous one-year period, according to its audit report filing.

Net income for the cited period stood at 112.9 billion won, down slightly from a net profit of 124.3 billion won the previous year.

The company’s operating profit dropped 23 percent on-year to 86.1 billion won from 111.5 billion won over the cited period, with an operating profit margin of 1.2 percent.

A total 124.3 billion won in dividends was given to its U.S. headquarters and other overseas units, according to the filings.

Apple Korea paid 50.3 billion won in corporate taxes for the fiscal year ending Sept. 30 last year.

Source: Yonhap News Agency

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