AI & Enterprise
InoAX posts 7.14 billion won in Q1 consolidated revenue, up 24.5 percent
AI transformation specialist InoAX said on May 18 its first-quarter consolidated revenue rose 24.5 percent from a year earlier to 7.14 billion won. Operating profit was 460 million won and net profit was 620 million won, maintaining profitability. The company said growth was driven by the consolidation of enterprise software firm SJ Link as a subsidiary and higher standalone revenue. It also reported a 16.08 billion won order backlog at end-March.
