SNT Motive Resumes Defense Plant Production After Safety Review
MT Newswires Live
Sep 29
SNT Motiv (KRX:064960) said it resumed production at its defense plant on Monday following the completion of an on-site investigation into human casualties, according to a Monday filing on the Korean Stock Exchange.
The plant accounts for 165.2 billion won in annual sales, or 17.1% of SNT Motive's 2024 consolidated revenue of 968.9 billion won. Production had been halted from Sept. 25 to Sept. 28.
The company said the suspension did not disrupt other business operations.
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