Ubicare Reports 2.2 Billion KRW Operating Profit in Q1, Down 32.9% YoY

[Asia Economy Reporter Junho Hwang] Ubicare announced on the 29th that its consolidated operating profit for the first quarter was 2.19 billion KRW, a decrease of 32.9% compared to the same period last year. During the same period, sales increased by 11.3% to 29.394 billion KRW. Net profit for the period was preliminarily estimated at 1.203 billion KRW, a decrease of 86.1%.