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Binggrae's Operating Profit Plummeted 33% Last Year Due to Rising Raw Material Prices.
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[Digital Daily Reporter Yoo Chae-ri] Binggrae announced that its consolidated operating profit for last year decreased 32.7% year-on-year to 88.3 billion won. According to the Financial Supervisory Service's electronic disclosure system on the 23rd, Binggrae's sales increased 1.8% year-on-year to 1.4896 trillion won. Net income for the period decreased 44.9% year-on-year to 56.9 billion won. The company explained that operating profit and net in…
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