Business
FIRSTEC: Revenue and net income surged, but leverage increased; 2025 outlook remains cautious
FIRSTEC: Revenue and net income surged, but leverage increased; 2025 outlook remains cautious
About this update from Firstec Co., Ltd
Revenue grew 19.7% to ₩207.3B, with net income up 136.3% to ₩10.9B and assets up 32.2%. Debt-to-equity rose to 450%, and cash reserves increased sharply. Management expects ongoing uncertainty in 2025 and will focus on cost control and R&D.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.