CJ Freshway Reports Operating Loss of 12.6 Billion KRW in Q1... Turns to Deficit
[Asia Economy Reporter Park Jihwan]CJ Freshway announced on the 13th that its consolidated operating loss for the first quarter of this year was preliminarily estimated at 12.6 billion KRW, marking a turnaround to a loss compared to the same period last year.
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Sales amounted to 602.5 billion KRW, a decrease of 19.4% compared to the same period last year. The net loss for the period widened to 20 billion KRW.
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