Despite a significant gain in operating profit, net income declined 74% to KRW 3,872 million ($3.4 mm) from KRW 15,127 million for the final three months of the year ended Dec. 31 as sales increased 24% to KRW 761,678 million ($672.9 mm) from KRW 614,482 million. Operating income rose 61% in the period to KRW 82,604 million from KRW 51,451 million but the details from operating to net weren’t disclosed. For the FY, Fila registered a 94% improvement in net income to KRW 210,050 million ($185.6 mm) from KRW 108,110 million as sales reached KRW 2,954,643 ($2,610.4 mm), up 17% ... Log in to view full article.