Initech Reports Operating Loss of 600 Million KRW in Q1, Down 16.4% YoY
[Asia Economy Reporter Eunmo Koo] Initech announced on the 7th that its consolidated operating loss for the first quarter of this year was approximately 616 million KRW, marking a 16.4% reduction in the deficit compared to the same period last year. During the same period, sales increased by 3.9% to 70.66 billion KRW, while net loss for the period rose by 529.3% to 1.189 billion KRW.
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