Industry
Mplus first-half net profit 15.4 billion won, up 51.9 percent
Battery equipment company Mplus reported first-half net profit of 15.4 billion won, up 51.9 percent from a year earlier. Revenue was 83.0 billion won and operating profit was 14.2 billion won, keeping an operating margin of 17.1 percent. Gross margin rose to 28.2 percent. The company issued 20.0 billion won of unsecured private bonds and plans additional 20.0 billion won via a P-CBO to fund AIMR and other new businesses.
