Able C&C Doubles Q1 Operating Profit to 9.4 Billion Won Year-on-Year
Able C&C announced on May 13 that its operating profit for the first quarter of this year reached 9.4 billion won, marking a 91.8% increase compared to the same period last year.
During the same period, sales rose by 10.2% to 61.4 billion won.
Net profit increased by 97.8%, from 4.5 billion won last year to 8.9 billion won.
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Shin Yoo-jung, CEO of Able C&C, stated, "Our strategy focused on global expansion and stronger profitability has produced tangible results," adding, "We will further accelerate growth, particularly in the United States and Europe, and strengthen brand competitiveness across global markets."
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