Kolmar Korea shifts to profits in 2023
Kolmar Korea researchers test sunscreen products at the company's UV Tech Innovation R&D Center in Seoul in this December 2022 file photo provided by Kolmar Korea. Yonhap
Kolmar Korea on Tuesday reported its 2023 net income of 25.6 billion won ($19.2 million), swinging from a loss of 4.1 billion won a year earlier.
The company said in a regulatory filing that operating income for the year rose 86.4 percent on-year to 136.6 billion won. Annual sales increased 15.5 percent to 2.15 trillion won. (Yonhap)