DL Holdings shifts to profits in Q1

DL Holdings Co. on Thursday reported its first-quarter net income of 32.1 billion won (US$23.3 million), shifting from a loss of 23.6 billion won a year earlier. Operating profit for the January-March period was 172.3 billion won, up 149.7 percent from a year ago, the company said in a regulatory filing. Revenue rose 9.1 percent to 1.4 trillion won. Source: Yonhap News Agency