Lock & Lock Co., Ltd. Announces Preliminary Earnings Results for the Fourth Quarter and Sales Results for the Full Year of 2012; Provides Sales Guidance for the Year 2013
February 06, 2013
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Lock & Lock Co., Ltd. announced preliminary earnings results for the fourth quarter and sales results for the full year of 2012. For the quarter, the company reported sales of KRW 118,990 million, operating profit of KRW 11,536 million, pretax income of KRW 15,334 million, net profit of KRW 11,569 million as compared to sales of KRW 119,657 million, operating profit of KRW 18,861 million, pretax income of KRW 18,778 million, net profit of KRW 13,934 million for the same period prior year. Adjusted operating profit excluding the additional cost was KRW 15.8 billion.
For the year, the company reported sales of KRW 508,425 million.
For the year 2013, the company expects sales of KRW 567,000 million.
LOCK&LOCK Co Ltd is a Korea-based company principally engaged in the manufacturing and sale of storage goods. The Company manufactures and sells storage products, outdoor products and other products. The Companyâs storage products include plastic airtight containers, glass airtight containers, porcelain airtight containers, and tritan airtight containers, among others. The outdoor products include water bottles, cold storage bottles, and outdoor lunch boxes, among others. The other products include kitchen and living goods such as pots, frying pans and others. The Company operates its businesses in domestic and overseas markets such as Europe, Asia and United States.
Lock & Lock Co., Ltd. Announces Preliminary Earnings Results for the Fourth Quarter and Sales Results for the Full Year of 2012; Provides Sales Guidance for the Year 2013
LOCK&LOCK CO., LTD. 
