AhnLab posts a drop of 97% in Q1 operating profits

2024.04.24 10:38:01 | 2024.04.24 10:44:01

[Courtesy of AhnLab Inc.]이미지 확대

[Courtesy of AhnLab Inc.]



AhnLab Inc., a cloud security tech provider headquartered in Seoul and a Kosdaq stock, revealed on Wednesday that its estimated operating profit for the first quarter of 2024 amounted to 50 million won ($36,517), marking a sharp decline of 97.5 percent compared to the same quarter of 2023.

Sales decreased by 3.5 percent year on year to 49.5 billion won, with net profit plummeting by 84.6 percent to 1 billion won

By Pulse

[ⓒ Pulse by Maeil Business Newspaper & mk.co.kr, All rights reserved]

MOST READ MOST RECENT
  1. 1Rules on franchises give convenience store bakeries a boost
  2. 2Korean food stocks surge, with several hitting new peaks
  3. 3Korean researchers develop piezoelectric element-based technology
  4. 4LG sees surge in ‘Healing Me’ massage chair sales
  5. 5Sparkling wine thrives in Korea as drinking trends change
  1. 1Korea sees surge of Japanese whiskey, sake imports
  2. 2Korean Air to operate charter flights to Lisbon from Sep.-Oct.
  3. 3Retail industry advances summer promotions amid rising mercury
  4. 4Eastar Jet to launch daily Incheon-Okinawa flights
  5. 5Samsung’s Life Science Fund to invest in U.S. AAC capsids co.
  6. 6Carnation sales decline as practical gifts gain popularity