SEOUL– Zinus Inc. on Wednesday reported its 2020 net profit of 45.8 billion won (US$41.2 million), down 36.8 percent from a year earlier.

The company said in a regulatory filing that operating profit for the year fell 16.5 percent on-year to 86.7 billion won. Annual revenue increased 21.1 percent to 989.5 billion won.

Source: Yonhap News Agency