HB Solution Reports 4.4 Billion Won Operating Profit Last Year, Down 77.3% Year-on-Year

HB Solution announced on January 30 that its consolidated operating profit for the previous year was 4.39613 billion won, a decrease of 77.3% compared to the previous year. Revenue was 62.84864 billion won, down 52.2% year-on-year.

Net profit for the period turned to a surplus of 26.31114 billion won, compared to a net loss of 20.7552 billion won in the previous year.

The company explained, "Revenue and operating profit decreased due to a decline in orders," and added, "Pre-tax profit increased as a result of gains on the valuation of financial assets."

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