CJ ENM Reports Operating Profit of 49.6 Billion KRW in Q1, Down 47% YoY
[Asia Economy Reporter Lim Chun-han] CJ ENM announced on the 11th that its consolidated operating profit for the first quarter of this year was preliminarily estimated at 49.6 billion KRW, a 47% decrease compared to the same period last year.
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Sales increased by 20.9% year-on-year to 957.3 billion KRW, while net profit fell by 98% to 1.6 billion KRW.
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