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Otoki Full-Year Profit Down, But Revenue Rises

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

Otoki Corporation (007310.KS), a manufacturer of packaged food products, on Wednesday reported profit before tax of 111.827 billion won, down from 189.054 billion won, impacted by higher other losses and increased operating expenses.

Other losses widened to 81.385 billion won from 56.123 billion won.

Operating profit declined to 177.251 billion won from 222.015 billion won last year.

Profit attributable to owners of the parent decreased to 69.218 billion won or 20,279 won per share from 136.698 billion won or 40,048 won per share a year earlier.

Revenue, however, increased to 3,674.545 billion won from 3,539.121 billion won last year.

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