KG Mobility Q1 net profit up 226.1 pct to 53.9 bln won

KG Mobility Corp. on Monday reported its first-quarter net profit of 53.9 billion won (US$39 million), up 226.1 percent from a year earlier. The company said in a regulatory filing that operating income for the January-March period rose 61.1 percent on-year to 15.1 billion won. Sales decreased 7.7 percent to 1 trillion won. Source: Yonhap News Agency