Huneed Technologies reported audited earnings results for the year ended Dec. 31, 2012. For the year, the company reported revenue of KRW 41,006,170,786, compared to KRW 47,340,198,206 for the last year.

Operating loss was KRW 4,285,372,112, compared to operating income of KRW 514,256,351 for the last year. Loss before tax was KRW 7,729,421,687, compared to KRW 3,057,667,875 for the last year. Loss was KRW 7,729,115,442 or KRW 78,600.0 per diluted share, compared to KRW 2,975,756,115 or KRW 30,200.0 per diluted share for the last year.

Cash flows used in operating activities were KRW 4,781,033,361, compared to KRW 7,373,046,867 for the last year. Purchase of other financial assets was KRW 11,039,389,896, compared to KRW 8,041,323,644 for the last year. Purchase of tangible assets was KRW 436,145,371, compared to KRW 318,847,739 for the last year.

Negative return on assets was 6%, compared to 2.22% for the last year.