Seoul: Korzinc on Wednesday reported its 2024 net income of 215.5 billion won (US$149.1 million), marking a 59.6 percent decrease from the previous year.
According to Yonhap News Agency, the company disclosed in a regulatory filing that it achieved an operating profit of 736.1 billion won for the year, which is an increase from 659.9 billion won in the prior year. Despite the decline in net profit, Korzinc’s annual sales experienced a rise of 24.5 percent, reaching a total of 12.08 trillion won.