Taeyoung Construction Reports Operating Profit of 28.3 Billion KRW in Q1, Down 36% Year-on-Year

[Asia Economy Reporter Myunghwan Lee] Taeyoung Construction announced on the 4th that its consolidated operating profit for the first quarter of this year was tentatively estimated at 28.313 billion KRW, down 35.78% compared to the same period last year.

Net profit for the same period decreased by 16.39% to 21.844 billion KRW.

Sales revenue was tentatively estimated at 582.933 billion KRW, an increase of 13.84% compared to the same period last year.