Innocean Reports Q1 Operating Profit of 20.3 Billion KRW, Down 25.4% YoY

[Asia Economy Reporter Lim Chunhan] Innocean announced on the 7th that its consolidated operating profit for the first quarter of this year was preliminarily estimated at 20.3 billion KRW, a 25.4% decrease compared to the same period last year.

Sales amounted to 264.2 billion KRW, down 23.2% year-on-year. Net profit decreased by 26.2% to 16.7 billion KRW.