First half sales increased over the preceding year same period with active sales of navigation and movie lines. Net loss structure continued with fixed expenses increased for new business and market extension while business and organization were restructured where cost base degraded. Financial stability degraded greatly from the preceding year same period with excessive borrowings though capital was replenished. Active performance of movie (performance) line will continue as cinema hall business has been added while local movie industry grows. IT business line is under restructuring to improve profitability by focusing on core business though Bluetooth business was promoted by acquiring Ensila Systems. Designated as unfaithful disclosure corporation as the company decided to give up after having disclosed it would acquire equity share of Zao West Oil, Russia.
Headquarters
RM.811,C-DONG, BUPYEONG WOOLIM LIONS VALLEY, 425, CHEONGCHEON 1-DONG, BUPYEONG-GU, INCHEON
Incheon; Incheon;
Postal Code: 403911
Contact Details: Purchase the Hoonyoung Co., Ltd. report to view the information.
Website: http://www.primeenter.co.kr
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