Huons swung to an operating loss on a consolidation basis in the first quarter this year, indicating worsened profitability. Sales also fell slightly.
Huons said on the 12th that first-quarter sales on a consolidation basis were 141.871 billion won, down 2.7% from a year earlier.
Operating profit was -649 million won, turning to a loss from 12.845 billion won a year earlier. Net profit for the period plunged more than 98% to 191 million won.
Profitability worsened compared to the previous quarter as well. Operating profit turned to a loss from 9.824 billion won in the previous quarter.
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