Samhwa Paint announced on the 15th that its consolidated revenue in the first quarter of this year was 133.3 billion won, a decrease of 5.1% compared to the same period last year. Operating profit recorded a loss of 3.6 billion won, marking a return to losses for the first time in five years since the first quarter of 2020.
Samhwa Paint noted that the slowdown in revenue growth was due to a contraction in the construction and industrial markets. Additionally, the concerns of an economic recession, exacerbated by U.S. President Trump's tariff policy, contributed to the exchange rate hovering in the late 1400 won range.
Samhwa Paint plans to improve its revenue structure by focusing on high-value-added items in the future.
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