Less Prof its for Spinners

摘要

According to the business performance of Korean cotton spinners in the fiscal year ending in December 2004,many of them registered decreases in sales and profits in reflection of the severe business situation.Ilshin Spinning Co.,Ltd.increased its sales by 11% last year compared to 2003 to 301.3 billion won,but operating profits fell by 39% to 6.5 billion won.Its net profits were the largest in the industry at 11.1 billion won.