Dongwon Systems’ Q2 Net Profit Declines 17.7 Percent to 17.9 Billion Won

Yonhap News

On Friday, Dongwon Systems Corp. reported a second-quarter net profit of 17.9 billion won (US$13.7 million), which was a 17.7 percent decrease from the same period the year prior.

The company declared in a regulatory filing that its operating profit for the quarter was 25.6 billion won, compared to 29.5 billion won from the year before. Sales dropped 11.5 percent to 334.8 billion won.

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