Aurora World Reports 12 Billion KRW Operating Profit in Q3, Up 60% YoY
[Asia Economy Reporter Jang Hyowon] Aurora World announced on the 16th that its cumulative operating profit on a consolidated basis for the third quarter of this year reached 12 billion KRW, marking a 60% increase compared to the same period last year.
During the same period, sales and net profit amounted to 127.4 billion KRW and 11.8 billion KRW, respectively, representing increases of 25.5% and 103.4% compared to the same period last year.
By business location, sales in the USA stood out. As the recovery from COVID-19 became visible, sales in the USA grew by 27.8 billion KRW, a 55.8% increase compared to the same period last year. Sales in the UK also increased by 32.7%. On the other hand, sales at the headquarters and in Hong Kong (HK) decreased.
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An Aurora World official stated, “In the third quarter, we achieved sales growth and stabilization based on the North American market,” and added, “In the fourth quarter, we expect to drive sales through continuous order increases and the launch of new domestic products.”
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