Hyundai Green Food Posts 10.5% Rise in Operating Profit for 2024

Finance|
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By Noh Hyun-young
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Hyundai Green Food, Operating Profit of 106.8 Billion Won Last Year...Up 10.5% Year-over-Year - Seoul Economic Daily Finance News from South Korea
Hyundai Green Food, Operating Profit of 106.8 Billion Won Last Year...Up 10.5% Year-over-Year

Hyundai Green Food (453340) reported preliminary consolidated operating profit of 106.8 billion won for 2024, up 10.5% from the previous year, according to a regulatory filing on the 9th.

Revenue for the same period rose 2.6% to 2.33 trillion won, while net profit increased 17.8% to 87.7 billion won.

"Performance improved across all business areas, including our core group catering and food distribution operations, as well as restaurant and care food businesses, driving gains in both revenue and operating profit last year," a Hyundai Green Food official said. "This year, we will continue stable growth by expanding orders centered on highly profitable medium and large-scale operations and leveraging synergies across business segments."

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AI-translated from Korean. Quotes from foreign sources are based on Korean-language reports and may not reflect exact original wording.