KMTC announces profits for 2004 in stockholders meeting

KMTC held the 20th general meeting of stockholders on February 28. The company recorded 491.6 billion won in sales profits, increasing 13% as compared with the previous year although difficult conditions such as oil prices and lease rates jumped, and the strength of the dollar. It recorded 14 billion won in business profits, 27 billion won in current account profits and 21 billion won in net profit for 2004.

KMTC has been in the black for 20 years since 1985.

Meanwhile, the company also had several staff changes on the 28th.