[Public Notice＋] CS Wind Reports Q1 Operating Profit of 15.8 Billion KRW... "Sales to Increase Every Quarter"

[Asia Economy Reporter Kum Boryeong] CS Wind announced on the 6th that its consolidated operating profit for the first quarter of this year was preliminarily estimated at 15.8 billion KRW, a 16.1% increase compared to the previous year.

During the same period, sales increased by 3.1% to 180.5 billion KRW.

As of early last month, the total order amount was approximately 410 million USD. Major production subsidiaries, including the Vietnam corporation, have achieved more than 75% of this year's order target.

Subsidiary businesses are also progressing smoothly. CS Bearing opened and started operating its new Vietnam factory in the first quarter of this year as planned.

A CS Wind official stated, "Despite various external adversities, we have made a smooth start this year," adding, "Although uncertainties remain high due to the COVID-19 pandemic and the resulting global economic slowdown, we expect sales to increase significantly each quarter through thorough risk management and proactive management."

This content was produced with the assistance of AI translation services.