SHINIL ELECTRONICS Seoul Seonyudo headquarters. /Courtesy of SHINIL ELECTRONICS

The home appliance company SHINIL ELECTRONICS announced on the 10th that its operating profit last year was 3.13494 billion won, an increase of 55.7% compared to the previous year.

During the same period, sales decreased by 2.99% to 1.78964 billion won.

A SHINIL ELECTRONICS official noted, "Sales of seasonal appliances decreased due to the effects of summer and winter temperatures," and "Foreign exchange losses due to the rise in the won-dollar exchange rate increased."

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