Agricultural machinery specialist TYM Co. said on the 11th that its operating profit for the first quarter was tentatively tallied at 35 billion won. That was up 131.5% from a year earlier.
Revenue for the same period rose 28.3% to 289.6 billion won. Expanded export volumes centered on major overseas markets such as North America are seen to have driven the improved results.
Meanwhile, TYM Co. last month appointed third-generation owner-manager Kim So-won, chief strategy officer (CSO), as CEO. Kim is expected to focus on expanding global operations and securing future growth engines by applying AI technology.
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