Seoul: SK IE Technology Co. on Thursday reported a net loss of 244.4 billion won (US$168.8 million) for 2024, a significant reversal from the profit of 96.6 billion won recorded the previous year.
According to Yonhap News Agency, the company disclosed in a regulatory filing that it experienced an operating loss of 291 billion won for the year, compared to an operating profit of 50.1 billion won in the previous year. Additionally, SK IE Technology's annual revenue decreased by 66.4 percent, falling to 217.9 billion won.