SEOUL - Hanssem Co., on Wednesday, disclosed a net loss of 62.2 billion won ($46.8 million) for the year 2023, marking another year without profit.
According to Yonhap News Agency, the company saw a slight improvement in operating income, reporting 1.9 billion won, a recovery from the previous year's loss of 21.7 billion won. However, Hanssem's annual revenue experienced a decline of 1.7 percent, totaling 1.96 trillion won. This financial update underlines the company's ongoing challenges in returning to profitability amidst fluctuating market conditions.