SM Reports Q1 Operating Profit of 32.6 Billion Won, Up 110% Year-on-Year

On May 7, SM announced that its consolidated operating profit for the first quarter was 32.586 billion won, an increase of 109.6% compared to the same period last year. During the same period, revenue rose by 5.2% to 231.427 billion won, and net profit surged by 1,852.4% to 242.9 billion won, according to provisional figures.