Industry
KNJ boosts second-half supply with semiconductor parts expansion
KNJ said first-half revenue rose 80.2 percent from a year earlier to 69.07 billion won, while operating profit increased 27.7 percent to 13.96 billion won, helped by growth in its semiconductor parts and FPCB businesses. Net profit fell to 6.7 billion won due to higher manufacturing costs, valuation losses on convertible bonds and corporate tax expenses. The company is bringing forward expansion plans to add capacity and widen supply in the second half.
