Kolmar Korea shifts to profits in 2023

Kolmar Korea Co. on Tuesday reported its 2023 net income of 25.6 billion won (US$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. Source: Yonhap News Agency