SEOUL, April 5 (Xinhua) -- South Korea's integrated IT solutions company Etevers Group logged record earnings last year, the company said Friday.

Revenue of the group, which has Etevers, Etevers eBT and Etech System as major subsidiaries, increased 11.4 percent to hit a new high of 1.49 trillion won (1.1 billion U.S. dollars) in 2023 compared to the previous year.

Earnings before interest, tax, depreciation and amortization (EBITDA), a gauge of cash-generating capability, jumped 26.4 percent to 49.7 billion won (36.7 million dollars) last year.

After topping 1 trillion won (739.1 million dollars) for the first time in 2021, the group's revenue gained at an annual average rate of 12.6 percent from 2021 to 2023.

The operating profit spiked 39.5 percent on average from 22.7 billion won (16.8 million dollars) to 44.2 billion won (32.7 million dollars) in the cited period. Enditem

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