Annual Report 2018
Publishing date: 22.03.2019
In 2018, SONGWON Industrial Group delivered solid results, proving the reliability of our business model, and most importantly continued the successful implementation of its growth and diversification strategy.
SONGWON generated consolidated revenues of 788.7 Billion KRW with an 8.8% increase year-over-year, and a consolidated net profit of 37.8 Billion KRW over a net profit in 2017 of 34.7 Billion KRW, which marks an increase of 8.9%. The Group’s operating profit reached 54.3 Billion KRW in comparison to 54.5 Billion KRW in 2017, while EBITDA performance was around 11.0% of sales.
Read more in the full Annual Report 2018.