Hecto Innovation Surpasses 300 Billion KRW in Sales Last Year... "All-Time High"
Hecto Innovation announced on the 26th that its preliminary consolidated business performance for 2024 recorded ▲revenue of 319.5 billion KRW ▲operating profit of 49.1 billion KRW, achieving the highest revenue and operating profit in its history. Net profit for the period was 32.2 billion KRW.
Based on steady growth in existing businesses, improved profitability of new platform services, and enhanced performance of subsidiaries, revenue grew 10.7% year-on-year, and operating profit increased by 31.8%. Net profit rose by 2.8% due to the impact of investment stock valuation.
Hecto Innovation is nurturing B2C platform services such as the app-tech platform ‘Ballosodeuk’ as new growth engines. Through its subsidiaries, fintech company 'Hecto Financial' and healthcare service company 'Hecto Healthcare,' it operates IT-based finance, data, and healthcare businesses.
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Hyuncheol Lee, CEO of Hecto Innovation, said, “We are continuously striving to secure new growth engines on a stable foundation of existing businesses. We will realize full-scale monetization of platform business and strengthen business synergies with subsidiaries to continuously enhance corporate value.”
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