Xavis to Borrow KRW 3 Billion for Working Capital

Bitget2026/10/30 08:18

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Xavis decided on Oct. 30, 2026, to borrow KRW 3 billion in short-term financing from financial institutions.
Total short-term borrowings will rise to KRW 5.5 billion from KRW 2.5 billion.
The financing will fund working capital, including raw material purchases, to support increased orders.
The new borrowing represents 12.13% of equity.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Xavis Co. Ltd. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20261030901141), on October 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Xavis to Borrow KRW 3 Billion for Working Capital

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