Megastudy Education's Operating Profit Last Year 99.3 Billion KRW... Up 202.6% YoY
[Asia Economy Reporter Yoo Byung-don] Megastudy Education announced on the 10th that its consolidated operating profit for last year was tentatively estimated at 99.3 billion KRW, an increase of 202.6% compared to the previous year.
Sales increased by 48.3% year-on-year to 704.1 billion KRW. Net profit rose 293.5% to 82.6 billion KRW.
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Operating profit for the fourth quarter was 7.9 billion KRW, up 340.6% from the same period last year. Sales and net profit for the quarter were 174 billion KRW and 9.8 billion KRW, respectively.
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