Ottogi Q1 Operating Profit 59 Billion KRW... Up 17.53% YoY
[Asia Economy Reporter Song Seung-yoon] Ottogi announced on the 16th that its consolidated sales for the first quarter of this year reached 742.4 billion KRW, a 10.6% increase compared to the previous year. Operating profit for the same period was recorded at 59 billion KRW, up 17.5%.
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An Ottogi representative explained, "The cost ratio of oils and fats improved, and the ratio of selling and administrative expenses to sales remained similar to last year, which had a positive impact on operating profit."
This content was produced with the assistance of AI translation services.
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