Monday, March 20, 2017

Gimpo, Paju Ginseng Agricultural Cooperative, net profit exceeded plans



[South Korea Lee, Dong - Kyu financial newspaper reporter] Gimpo, Paju ginseng cooperatives (union president jojaeyeol) has achieved 1.059 billion won thanks to the members and employees unite as last year, net income increased by 157 million won compared to the business plan. The total balance of deposits in credit business grew by 7.2% compared to the previous year (1148 million) to 123.1 billion won, mutual finance loan balance has posted earnings grew 10.1% over the previous year to 75.5 billion won (685 million).

Growing water business 3 billion, charging processing fees rose 6 billion. Although sales decreased consumption of ginseng business of economic projects of 54 million yuan, processing business posted sales performance was 60 billion. Education support project cost has supported 411 million won to 382 million won including agricultural jidobi.

Kimpo Ginseng NACF end of last year, assets totaled 171.4 billion won, capitalization has increased year-on-year to 150 billion.



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