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[Alpha Biz=(Chicago) Reporter Kim Jisun] It is expected that Hansae MK, a domestic fashion company, will not be able to escape from the swamp of deficit this year.
Due to sluggish business conditions both internally and externally this year, Hansae MK continued to record losses for the first and second quarters in a row, and eventually revised its performance forecast for this year from 'surplus' to 'deficit' in less than a year.
Hanse MK announced on the 2nd that it revised its business performance forecast in September last year and re-released it.
Hansae MK, which owned Hansae Dream in July last year, announced that it would turn a surplus in October of the same year with sales of 383.5 billion won and operating profit of 15.2 billion won, but in less than a year, it will reduce its sales forecast and continue its operating loss at the end of September.
According to Hanse MK's earnings forecast, this year's sales are expected to be KRW 295.9 billion and operating loss is expected to be KRW 8.6 billion. Sales rose 8.3% year-on-year, while operating loss improved by 13.5 billion won from the previous year (22.1 billion won).
Hanse MK, an affiliate of Hanse Yes 24 Group, is a first-generation fashion company in Korea that encompasses adult casual and baby winter clothes.
AlphaBIZ 김지선(stockmk2020@alphabiz.co.kr)
