SFA Engineering Corporation announced on the 14th that it recorded an operating profit of 50.9 billion won for the first half of this year based on separate standards. This is a decrease of 16.8% compared to the first half of last year, but it marked a return to profitability compared to the second half.
SFA Engineering Corporation recorded an operating loss of 165.5 billion won due to the bankruptcy of its overseas customer, Northvolt, in the secondary battery sector in the second half of last year.
SFA Engineering Corporation's sales for the first half of this year amounted to 421.7 billion won, a decrease of 28.9% compared to the previous year. The operating profit margin for the first half was 12.1%, improving by 1.8 percentage points. A representative from SFA Engineering Corporation noted, "We have overcome the shock from last year's customer bankruptcies while also improving profitability."