| Mobile Web

Ecopro posts Q1 operating profit of 60.2 billion won, up 4,280 percent

Ecopro said on Tuesday its first-quarter operating profit rose 4,280 percent from a year earlier to 60.2 billion won, while revenue increased 1.9 percent to 822.0 billion won. It cited the consolidation of Indonesia-based GEN smelter results, higher metal prices and a recovery in downstream battery and semiconductor industries. It also reported higher quarter-on-quarter sales and operating profit and a return to net profit.