Pungsan, 1Q Operating Profit 62.4 Billion Won... Turned to Profit YoY
[Asia Economy Reporter Minwoo Lee] Poongsan announced on the 29th that it posted preliminary consolidated earnings of 725.2 billion KRW in sales and 62.4 billion KRW in operating profit for the first quarter of this year. Compared to the same period last year, sales increased by 24.8%, and operating loss turned into profit. Net income also turned positive during the same period, totaling 45.5 billion KRW.
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