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Kolon Industries turns to loss in Q4

  • February 27, 2024


Kolon Industries Inc. on Tuesday reported its fourth-quarter net loss of 8 billion won (US$6 million), turning from a profit of 25.5 billion won a year earlier.

The company said in a regulatory filing that operating income for the October-December period rose 5.9 percent on-year to 40.9 billion won. Revenue decreased 9.8 percent to 1.3 trillion won.

Source: Yonhap News Agency

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