Hantop announced on the 7th that it recorded 84.889 billion won in sales and 3.73 billion won in operating profit last year. Sales decreased slightly compared to the previous year due to the suspension of production in the feed business division, but operating profit surged by 309%.

A company official said, "The strategy to improve the profit structure, such as suspending product production in the deficit business division and company-wide cost reduction, led to the growth of operating profit." He added, "Although net profit was not realized due to the large exchange rate loss reflected due to the sharp rise in the exchange rate in the second half of last year, it is encouraging that the net loss decreased by more than 50% compared to the previous year."

Meanwhile, Hantop aims to achieve a surplus in net profit this year by promoting the reduction of cost of sales, selling and administrative expenses, and financial expenses.

[ⓒ Global Economic Times. 무단전재-재배포 금지]