Jeongsang JLS Reports Operating Profit of 200 Million KRW in 1Q, Down 94% YoY

[Asia Economy Reporter Minwoo Lee] Jeongsang JLS announced on the 11th that it posted provisional results for the first quarter of this year with consolidated sales of 19.9 billion KRW and an operating profit of 200 million KRW. Compared to the same period last year, sales and operating profit decreased by 15.2% and 93.5%, respectively. Additionally, it turned to a deficit compared to the same period last year, recording a net loss of 400 million KRW for the current period.

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