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Dong In Entech posts Q1 revenue of 62 billion won, operating margin at 10.4%

Published: · Source: mk.co.kr

Dong In Entech posts Q1 revenue of 62 billion won, operating margin at 10.4%
TL;DR: Outdoor equipment maker Dong In Entech said on the 15th that first-quarter revenue reached 62 billion won, a record for any Q1, as operating profit rose 54% on China market recovery.

Dong In Entech, a company specializing in outdoor equipment manufacturing, recorded first-quarter revenue of 62 billion won this year, marking its highest-ever revenue for a first quarter. The company disclosed the results on the 15th and said its operating profit margin reached 10.4%. According to the original report, the results reflected a recovery in the Chinese market, with operating profit increasing 54% from a year earlier. The record first-quarter revenue indicates an improvement in Dong In Entech’s profitability. The original article did not provide specific details on future earnings guidance or additional business plans. Source: mk.co.kr

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