Enchem Co., Ltd.KRX: 348370

Enchem: Net loss of KRW 571.2B on KRW 365.7B revenue, with high finance costs and global expansion

· Issued by Enchem Co., Ltd.

Revenue declined 13.9% YoY to KRW 365.7B with a net loss of KRW 571.2B, driven by high finance costs and impairment losses. Cash reserves increased, and the company expanded globally, but faces ongoing market, credit, and financial risks.

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