KTis Reports Operating Profit of 5.5 Billion KRW in Q1, Down 14.4% YoY

[Asia Economy Reporter Lim Chunhan] KTis announced on the 10th that its consolidated operating profit for the first quarter of this year was tentatively estimated at 5.5 billion KRW, a 14.4% decrease compared to the same period last year.

Sales increased by 0.9% year-on-year to 112.3 billion KRW. Net profit for the period decreased by 3.1% to 5 billion KRW.