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Motonic Corporation Business Report FY ended Dec. 2017

Financial Overview (Consolidated)

(in millions of won)
FY ended Dec. 31, 2017 FY ended Dec. 31, 2016 Rate of
change (%)
Remarks
Sales 211,532 195,301 8.3 -
Operating income 12,753 2,369 438.3 -
Net income 12,697 21,749 (41.6) -

R&D Expenditure

(in millions of won)
FY ended Dec. 31, 2017 FY ended Dec. 31, 2016 FY ended Dec. 31, 2015
Amount 7,935 6,942 7,813
% of sales 3.75 3.56 3.84

Capacity utilization rate

FY ended Dec. 31, 2017
Motonic Corporation 87.7
Beijing Motonic 60.2
Average Utilization Rate (%) 78.4

*The utilization rate was calculated by dividing the actual number of operating hours by the maximum possible number of operating hours per year.

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