Kangwon Land shifts to profits in Q1
Kangwon Land / Korea Times file
Kangwon Land on Wednesday reported its first-quarter net profit of 101.5 billion won ($76.6 million), swinging from a loss of 5.8 billion won a year earlier.
The company said in a regulatory filing that it posted 69.7 billion won in operating profit for the quarter, compared with 10.5 billion won a year ago. Revenue rose 57.9 percent to 358.1 billion won. (Yonhap)