Namyang Dairy Products disclosed on the 12th that last year, on a consolidation basis, operating profit turned to a surplus at 5.2 billion won.
Last year's sales were 914.1 billion won, down 4.1% from the previous year. Net profit came to 7.1 billion won, up 2,743%.
A Namyang Dairy Products official said, "Sales declined due to adjustments to some inefficient businesses (food service) and portfolio realignment," adding, "Rebuilding the product portfolio with a focus on profitability and efforts to improve cost and expense efficiency led to better results."
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