Songwon Industrial Co., Ltd. reported preliminary unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2016. For the quarter, the company reported sales of KRW 161,599 million against KRW 166,470 million a year ago. Operating profit was KRW 9,928 million against KRW 18,332 million a year ago. EBITDA was KRW 24,494 million against KRW 21,094 million a year ago. EBIT was KRW 15,693 million against KRW 12,285 million a year ago. Profit before tax was KRW 7,411 million against KRW 16,819 million a year ago. Profit for the period was KRW 4,094 million against KRW 10,490 million a year ago. For the year, the company reported sales of KRW 694,326 million against KRW 654,421 million a year ago. Operating profit was KRW 76,350 million against KRW 49,390 million a year ago. EBITDA was KRW 114,173 million against KRW 92,336 million a year ago. EBIT was KRW 79,145 million against KRW 57,830 million a year ago. Profit before tax was KRW 63,612 million against KRW 44,839 million a year ago. Profit for the period was KRW 42,244 million against KRW 28,645 million a year ago.