Samchundang Pharmaceutical turns to deficit in the third quarter…Operating profit -KRW 800 million

Panoramic view of Samchundang Pharmaceutical’s headquarters located in Hyoryeong-ro, Seocho-gu, Seoul.

(Health Korea News / Changyong Lee) Samchundang Pharmaceutical announced on the 14th that it recorded sales of 52.3 billion won in the third quarter through its quarterly report. This is an 8.13% increase compared to the same period last year (KRW 48.4 billion).

However, operating profit in the third quarter was -800 million won, turning into a loss from the same period last year (2.3 billion won).

Net profit for the third quarter was -284 million won. Although the deficit was maintained compared to the same period last year (-10.3 billion won), the deficit improved significantly.

Cumulative sales in the first to third quarters amounted to KRW 155.7 billion, an increase of 11.09% compared to the same period last year (KRW 140.1 billion). Cumulative operating profit and accumulated net profit were KRW 3.1 billion and KRW 3.8 billion, respectively, down 57.37% and 62.2% compared to the same period last year.

(Samcheongdang Pharmaceutical’s consolidated operating performance for the third quarter of 2024)

division(unit: million won%)

Current performance

previous year performance

Rate of change compared to the previous quarter

Performance for the same period last year

Rate of change compared to the same period last year

(24year 3branch)

(24year 2branch)

(23year 3branch)

take

Current performance

52,382

54,889

48,442

8.13%

Cumulative performance

155,729

140,177

11.09%

operating profit

Current performance

-814

2,137

2,383

deficit conversion

Cumulative performance

3,186

7,474

-57.37

net profit

Current performance

-284

1,826

-10,339

Continuing deficit

Cumulative performance

3,863

11,102

-65.2%

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