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Mediana Posts Q1 Revenue of KRW 16.1 Billion and Operating Profit of KRW 1.6 Billion as Q2 Product Impact Is Expected

Published: · Source: mk.co.kr

Mediana Posts Q1 Revenue of KRW 16.1 Billion and Operating Profit of KRW 1.6 Billion as Q2 Product Impact Is Expected
TL;DR: Mediana, a Selvas AI affiliate, said its consolidated Q1 revenue reached KRW 16.1 billion with operating profit of KRW 1.6 billion, marking its highest first-quarter revenue in three years.

Mediana, an affiliate of Selvas AI, said it recorded consolidated revenue of KRW 16.1 billion and operating profit of KRW 1.6 billion in the first quarter of this year. The company explained that the result marked its highest first-quarter revenue based on the past three years. The original headline said both revenue and profitability grew, while the impact of new products is expected to gain momentum in the second quarter. The disclosed Q1 figures were KRW 16.1 billion in revenue and KRW 1.6 billion in operating profit. The announcement focuses on Mediana confirming improvement in both scale and profitability through its first-quarter results. The next point to watch is how the new-product effect appears in second-quarter performance. Source: mk.co.kr

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