Eduwill Reports 3.5 Billion KRW Operating Profit in Q1... Up 13.5 Times Year-on-Year

Accelerating New Businesses Including Senior and Multicultural Education

Eduwill announced on May 13 that it recorded sales of 19.8 billion KRW and operating profit of 3.5 billion KRW in the first quarter of this year. Operating profit increased by approximately 13.5 times compared to the same period last year.

Eduwill explained that, following its turnaround to annual profitability last year through organizational restructuring, this year's achievements were driven by accelerating the creation of new customers through the establishment of a blue-collar certification platform, senior and multicultural education, and global expansion.

Exterior view of Eduwill headquarters in Guro-gu, Seoul. Eduwill

With these results, Eduwill plans to accelerate its company-wide 'MEGA (Make Eduwill Great Again) Project' this year. This project is being implemented through a 'co-evolution strategy' that involves collaboration with various institutions and companies. Eduwill intends to form alliances with 100 companies and focus on expanding the educational ecosystem through growth and innovation.

An Eduwill representative stated, "Eduwill laid the foundation for growth through organizational restructuring, including a business portfolio overhaul, and achieved an annual turnaround to profitability last year. Investors see the company as having entered a full-fledged growth trajectory from the first quarter of this year." The representative added, "Through the 'co-evolution strategy' with 100 allied companies this year, we will achieve 'shared success' and establish ourselves as a company that everyone wants to work with."

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