Dongwon F&B Reports Operating Profit of 16.8 Billion KRW in Q2, Up 16.1% Year-on-Year

[Asia Economy Reporter Choi Saeng-hye] Dongwon F&B announced on the 3rd that its consolidated operating profit for the second quarter of this year was preliminarily estimated at 16.8 billion KRW, an increase of 16.06% compared to the same period last year.

This operating profit exceeded the market forecast of 14.8 billion KRW compiled by Yonhap Infomax by 13.4%.

Sales amounted to 757.2 billion KRW, up 6.77% from the same period last year. Net profit was 8.2 billion KRW, down 2.63%.