Industry
Namyang Dairy returns to operating profit as profitability-driven overhaul pays off
Namyang Dairy Products said on Wednesday it returned to an annual operating profit last year on a consolidated basis, posting 914.1 billion won in revenue and 5.2 billion won in operating profit. Operating profit swung from a 9.8 billion won loss a year earlier. Net profit improved to 7.1 billion won from 250 million won, while revenue grew 4 percent. The company cited a profitability-focused overhaul and announced a 31 billion won shareholder returns plan.
