AI & Enterprise
Namutech posts Q1 sales of 37 billion won, up 117.6 percent on year
Namutech said on May 14 it posted consolidated first-quarter sales of 37 billion won, up 117.6 percent from a year earlier. Operating profit came to 400 million won and net profit was 800 million won. The company said profitability in its infrastructure business improved as corporate clients accelerated rebuilding virtual environments and shifting to multicloud setups, while higher hardware supply by subsidiary NamuICT and CocktailIO’s return to profit also helped.
