MMK reports decrease in profit

Today MMK released the company's financial statement for year 2005. According to it, MMK's profit decreased 23.1 percent year on year to $947 million in 2005 under US GAAP. In the same period, the revenue rose 11.4 percent to $5.38 billion, operational profit fell 14 percent to $1.323 billion. The value of the company's assets dropped 31 percent to $2.329 billion.