AhnLab Reports 3.3 Billion KRW Operating Profit in 1Q, Down 7% YoY

[Asia Economy Reporter Kang Nahum] AhnLab announced on the 29th that it recorded consolidated sales of 49 billion KRW and operating profit of 3.3 billion KRW in the first quarter of this year.

Compared to the same period last year, sales increased by 16% while operating profit decreased by 7%.

The company stated, "Sales have increased evenly across network security solutions, endpoint solutions, and security service areas such as monitoring, consulting, and MSP, maintaining steady growth compared to the same period last year," adding, "Consolidated operating profit for the first quarter slightly decreased due to increased investment costs, including research and development expenses of subsidiaries."

This content was produced with the assistance of AI translation services.