SK Ie Technology Co. on Friday reported its 2023 net income of 80.4 billion won (US$60.6 million), shifting from a loss of 29.7 billion won a year earlier.

Operating profit for the year was 32 billion, compared with a loss of 52.3 billion won from the previous year, the company said in a regulatory filing. Annual sales rose 10.9 percent to 649.6 billion won.

Source: Yonhap News Agency