Revenues fell slightly from a year ago on sluggish sales in TAM parts/installation works. With revenues falling, losses widended, hit by surging labor costs. Stable financial structure was maintained on non-borrowing management schemes, given a 1.27% ratio of borrowing dependency, despite sluggish earnings. A contract with KT to build regional nods of Mega TV DnP is likely to positively affect on earnings. Earnings are likely to rise as Neurotech signed a memoradum of understanding with China's Avilive to cooperate on new drug development. An animal cell vector developed by Neurotech won patents from the U.S. and Japan, allowing it to sell high-value pharmaceutical products.
Headquarters
RM.701, 28, Hwangsaeul-ro 200beon-gil Seongnam-si Bundang-gu Gyeonggi-do
Seongnam; Gyeonggi;
Postal Code: 135856
Contact Details: Purchase the ARAONTECH CO.,LTD. report to view the information.
Website: http://www.neurotech.co.kr
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