JoyCity Reports 7.1 Billion KRW Operating Profit in 1Q, Up 41% YoY
[Asia Economy Reporter Minwoo Lee] Joycity announced on the 21st that it recorded provisional results of 53 billion KRW in consolidated sales and 7.1 billion KRW in operating profit for the first quarter of this year. Compared to the same period last year, sales and operating profit increased by 11.39% and 41%, respectively. During the same period, net loss turned into profit, resulting in a net income of 8.3 billion KRW.
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