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Photo courtesy of Yonhap News |
[Alpha Biz= Kim Jisun] SPC Samlip reported a sharp decline in earnings last year, with operating profit plunging nearly 60% amid weaker profitability and rising fixed costs.
According to the company on Friday, SPC Samlip posted consolidated revenue of KRW 3.37 trillion in 2024, down 1.7% from a year earlier. Operating profit fell 59.2% year-on-year to KRW 38.7 billion.
Net profit dropped even more sharply, plunging 83% to KRW 14.0 billion from KRW 72.5 billion the previous year. The company said the decline was largely due to a KRW 29.1 billion surcharge paid to the Fair Trade Commission, which was reflected in earnings.
SPC Samlip attributed the deterioration in profitability to lower sales, higher fixed costs stemming from changes in its production structure, and the introduction of a new three-shift work system (three teams, three shifts).
The company said it will focus on improving operational efficiency to stabilize earnings going forward.
Alphabiz Reporter Kim Jisun(stockmk2020@alphabiz.co.kr)
