Kolon Industries(120110) Street FnC division (Kolon FnC) said on the 7th that its operating profit in the second quarter rose 110.7% from a year earlier to 15.8 billion won. Sales were 310.8 billion won, up 4.9%.
Helped by a recovery in fashion spending, major business lines such as outdoor, golf wear and menswear grew across the board, improving profitability. Analysts also said organizational restructuring boosted operating efficiency.
Kolon FnC plans to continue its growth in the second half by strengthening its strategic product planning capabilities and expanding distribution channels. In particular, it plans to bolster brand-by-brand competitiveness, including the new brand "Helinox Wear" and the golf wear brand "G/FORE."
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