iQuest Reports Operating Profit of 3.6 Billion KRW Last Year, Down 26% Year-on-Year
[Asia Economy Reporter Minji Lee] iQuest announced on the 3rd that its operating profit last year was 3,608.94 million KRW, down 26% compared to the previous year. Sales increased by 2.7% to 15,677.47 million KRW, while net profit decreased by 31% to 3,523.18 million KRW.
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The company explained, "Operating profit and net income temporarily decreased compared to the previous year due to listing-related fees incurred when we were listed on the KOSDAQ market in February last year and increased advertising and marketing expenses to expand product brand awareness."
This content was produced with the assistance of AI translation services.
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