Hantop Achieves Operating Profit Surplus for 3 Consecutive Years
Hwang Sujin Reporter
hwang075609@gmail.com | 2025-02-08 03:31:09
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.
WEEKLY HOT
- 1Millennial Presidents Meet 58-Year Reigning Sultan at Gyeongju APEC Summit
- 2ROK President Lee Faces Major Diplomatic Test with APEC Super Week
- 3MLS Award Nominations: Son Heung-min Vies for Newcomer Honor as Messi Secures MVP Nod and Contract Extension
- 4Minister Choi Hwiyoung Vows 'One-Strike Out' Policy Amidst Surge in Abuse Reports
- 5Hanwha Eagles Soar to Korean Series After 19-Year Wait
- 6Walking Volume Trumps Frequency for Longevity in Older Women: Study