Sales decreased from the year-earlier period with lackluster export market despite active performance of electronic materials in the modstic market.Net profit switched to a surplus thanks to the effect of bad debts expense of the year-earlier period despite rising prices of raw materials and share of sales and admin expenses.Stability indexes declined compared to the end of the previous year with expanding borrowings and debt ratio. Sales growth will be impeded only with sales of electronic material business line because the sales share of discontinued business line occupied a whopping 10%.It will focus on electronic material products after consumer electronic appliances and coating materials for mobile devices were sold off.Investment fund collected by selling overseas subsidiary SCHRAMM Holding AG will be used to improve financial structure.
Headquarters
609B-11L,629-3, SEONGGOK-DONG, DANWON-GU, ANSAN-SI, GYEONGGI-DO
Ansan; Gyeonggi;
Postal Code: 425833
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Website: http://www.sscpcorp.com
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