CJ Daehan Tongun Q2 Operating Profit 90.6 Billion KRW... 8% Increase YoY
[Asia Economy Reporter Dongwoo Lee] CJ Logistics announced on the 6th that its operating profit for the second quarter increased by 8% year-on-year to 90.6 billion KRW.
During the same period, sales rose 3.7% year-on-year to 2.7472 trillion KRW, and net profit for the period increased by 36.3% year-on-year to 49.363 billion KRW.
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A CJ Logistics official analyzed, "Sales increased due to a base effect compared to the same period last year, growth in domestic and international logistics volume, parcel price hikes, and expansion of e-fulfillment operations," adding, "Operating profit increased due to recovery from the impact of COVID-19 on global business, focus on high-growth markets such as the U.S. and Southeast Asia, and profitability-oriented management."
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