Kotek Reports Operating Profit of 5.5 Billion KRW in Q1, Down 34% YoY

[Asia Economy Reporter Eunmo Koo] Kotek announced on the 7th that its consolidated operating profit for the first quarter of this year was tentatively estimated at 5.518 billion KRW, a 34.0% decrease compared to the same period last year. During the same period, sales amounted to 67.135 billion KRW, down 2.9%, and net profit also decreased by 29.2% to 6.666 billion KRW.