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Foosung: H1 2024 revenue dropped 24.8% but net profit rebounded to ₩7.4 billion after a capital raise
Foosung: H1 2024 revenue dropped 24.8% but net profit rebounded to ₩7.4 billion after a capital raise
About this update from Foosung Co., Ltd.
Revenue fell 24.8% year-over-year to ₩220.5 billion in H1 2024, with a net profit of ₩7.4 billion after a prior-year loss. A major rights offering strengthened the balance sheet, supporting ongoing investments in battery and semiconductor materials.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.