SEOUL — In its latest financial report, CJ Logistics Corp. announced a remarkable 101.7 percent surge in its fourth-quarter net profit, totaling 76.6 billion won ($57.7 million). The company.
According to Yonhap News Agency, also reported an operating profit of 144 billion won for the quarter, marking an increase from 112.3 billion won a year earlier. Additionally, sales witnessed a modest rise of 1.2 percent, reaching 3.06 trillion won.
The operating profit notably exceeded the average market expectations by 8.8 percent, as surveyed by Yonhap Infomax, although specific estimates for net profit were not available. This impressive quarterly performance underscores CJ Logistics' continued growth and resilience in the logistics sector.