Lingnet announced on the 19th that its operating profit for the second quarter increased by 113% year-on-year to 3.17 billion KRW. However, sales decreased by 31%.


On a cumulative basis for the first half of the year, sales decreased by 30% compared to the same period last year. However, operating profit increased by 60% to 5.95 billion KRW. Net profit also grew by 150% to 5.92 billion KRW.



A company representative explained, "Basic earnings per share for the first half of this year were 459 KRW, a 138% increase compared to 193 KRW in the first half of last year," adding, "The portion of profit attributable to shareholders per share has significantly increased."


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

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