Jeongsang JLS Reports 4.2 Billion KRW Operating Profit in 1Q, Up 1602% YoY

[Asia Economy Reporter Minwoo Lee] Jeongsang JLS announced on the 10th that it posted provisional results for the first quarter of this year with consolidated sales of 24.3 billion KRW and operating profit of 4.2 billion KRW. This represents increases of 22.12% and 1602.09%, respectively, compared to the same period last year. During the same period, net loss turned into net profit, recording a net income of 3.1 billion KRW.