AhnLab Reports 51.3 Billion KRW in Q1 Revenue and 2.1 Billion KRW Operating Profit
AhnLab announced on the 2nd that it recorded sales of 51.3 billion KRW and an operating profit of 2.1 billion KRW in the first quarter of this year.
This represents an increase in consolidated sales of 2.3 billion KRW (4.7%) compared to the same period last year, while operating profit decreased by 1.2 billion KRW (-35.3%). Based on separate financial statements, sales increased by 2.1 billion KRW (4.4%) and operating profit increased by 0.2 billion KRW (3.7%) compared to the same period last year.
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AhnLab stated, “In the first quarter of 2023, the security-specialized cloud management service ‘AhnLab Cloud’ showed strong growth, and steady performance was recorded in endpoint and network security solution areas including V3. However, increased personnel and R&D investment costs at subsidiaries partially affected the consolidated operating profit.”
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