Companies Report Strong Operating Profit Growth
4 articles from 1 country
Onconic Therapeutics saw a 191% jump in Q1 operating profit due to Jakubo sales, while Lotte Shopping's operating profit soared 70% driven by foreign tourist spending. Innocean also reported a 33% increase in its first-quarter operating profit.
Onconic Therapeutics Sees 191% Jump in Q1 Operating Profit, Fueled by Jakubo Sales
- Onconic Therapeutics, a subsidiary of Jeil Pharmaceutical, reported a 191% increase in operating profit for the first quarter. - The company's operating profit reached 4.58 billion won, with sales increasing by 151% to 22.98 billion won. - This strong performance is attributed to the expanded domestic sales of its GERD treatment, 'Jakubo'.
Lotte Shopping's Q1 Operating Profit Soars 70% on Surge in Foreign Tourist Spending
- Lotte Shopping reported a 70.6% year-on-year increase in operating profit for the first quarter, reaching 252.9 billion won, driven primarily by its department store division. - Sales at major depar…
Innocean's First Quarter Operating Profit Jumps 33% to 39.8 Billion Won
- Innocean reported an operating profit of 39.8 billion won for the first quarter of this year. - This represents a 33.3% increase compared to the same period last year. - The company also saw signifi…
Lotte Shopping Posts Strong Q1 Growth with 70.6% Operating Profit Surge
- Lotte Shopping reported a significant increase in operating profit for the first quarter, reaching 252.9 billion won. - This represents a 70.6% year-on-year growth, driven by strong performance in i…
