Industry
Mplus Q1 operating profit 10.2 billion won, up 328 percent on year
Mplus posted a sharp rise in first-quarter operating profit as sales of overseas prismatic battery assembly equipment and equipment for energy storage systems increased. The company said consolidated revenue for the quarter was 51.0 billion won and operating profit was 10.2 billion won. Revenue rose 120 percent from a year earlier and operating profit climbed 328 percent. The operating margin reached 20 percent, the company said.
