Kyungdong Navien, 1Q Operating Profit 12.5 Billion KRW... 60% Increase YoY

[Asia Economy Reporter Minwoo Lee] Kyungdong Navien announced on the 11th that it posted preliminary consolidated sales of 183.2 billion KRW and an operating profit of 12.5 billion KRW for the first quarter of this year. These figures represent increases of 11.1% and 59.6%, respectively, compared to the same period last year. Net profit for the period also rose 200.8% to 9.1 billion KRW during the same period.