AhnLab Reports 3.7 Billion KRW Operating Profit in 2Q, Down 18% YoY

[Asia Economy Reporter Kang Nahum] AhnLab announced on the 29th that it recorded consolidated sales of 54.2 billion KRW and operating profit of 3.7 billion KRW in the second quarter of this year. Compared to the same period last year, sales increased by 6.8 billion KRW, while operating profit decreased by 800 million KRW.

For the first half of the year on a consolidated basis, sales were 103.3 billion KRW and operating profit was 7.1 billion KRW. Compared to the same period last year, sales increased by 13.5 billion KRW, and operating profit decreased by 1.1 billion KRW.

AhnLab stated, "In the second quarter of this year, steady growth of V3, along with the DDoS response dedicated solution ‘AhnLab DPX’ and cloud management service ‘AhnLab Cloud’, recorded high growth rates. Although there was some impact on the first half consolidated operating profit due to investments in technical personnel and development fields of subsidiaries such as AhnLab Blockchain Company, launched in April, we expect no setbacks in achieving the overall goals for this year."

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