Daewoong shifts to red in Q1
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13:27 May 06, 2021
SEOUL, May 6 (Yonhap) -- Daewoong Co. on Thursday reported its first-quarter net loss of 7.1 billion won (US$6.3 million), turning from a profit of 18.6 billion won a year earlier.
The company said in a regulatory filing that operating income for the January-March period rose 78.7 percent on-year to 44.3 billion won. Sales increased 6.2 percent to 348.5 billion won.
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