Enchem Co., Ltd.KRX: 348370

Enchem: 2023 saw a sharp swing to net loss on lower sales and higher costs, despite global expansion

· Issued by Enchem Co., Ltd.

Revenue fell 16.6% to ₩424.7B in 2023, with a net loss of ₩49.2B due to higher costs and financial expenses. The company expanded global capacity and entered new business lines, but leverage increased and customer concentration remains a risk.

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