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  • Title
  • Report for 2013 business results of 4 listed companies in S&T
Date
2014-03-05
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2,370

4 listed companies in S&T announced, in union, 2013 business results applied to Korean International Financial Reporting Standards (K-IFRS) on February 10th, 2014.

 

 

A holding company, S&T Holdings, recorded 1576,4 billion won of sales and earnings in 2013 on the basis of combined financial statement including business performance of S&T subsidiaries. S&T Holdings produced operating income, more than 84.8 billion won and 53.8 billion of net income.

 

 

S&T Motiv accomplished 960.3 billion won of sales and earnings in 2013, increased by 6.1% compared to last year on the basis of combined financial statement including business performance of S&T subsidiaries. Its operating income increased 51.1% to 52.0 billion won and its net income increased 90.3% to 29.9 billion won.

 

 

S&T Dynamics accomplished 584.0 billion won of sales and earnings in 2013 on the basis of combined financial statement including business performance of S&T subsidiaries. S&T Dynamics made 19.5 billion won of operating profits and 22.6 billion of net income. Particularly, S&T Dynamics operated at a loss in the forth quarter of 2013 due to a long term labor-management dispute.

 

 

S&TC accomplished 200.8 billion won of sales and earnings on the basis of separate financial statement. Its operating income increased 11.1% to 16.8 billion won and its net income increased 78.1% to 16.2 billion won compared to last year.