Daedong, Q2 Operating Profit Up 64%... Revenue at 467.1 Billion Won, 'All-Time High'

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Agricultural machinery company Daedong recorded an operating profit of 41.2 billion won in the second quarter of this year, a 64.3% increase compared to the same period last year. On the 10th, Daedong announced that its preliminary consolidated results for the second quarter showed revenue of 467.1 billion won and an operating profit of 41.2 billion won. Revenue rose 12.7% year-on-year, surpassing the previous quarterly record of 457.3 billion w…

연합뉴스-Yonhap News Agency

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(Seoul = Yonhap News) Reporter Koo Jung-mo = Agricultural machinery company Daedong [000490], despite the slump in the North American and domestic agricultural machinery markets, [is expected to] this year... thanks to the expansion of its product line and the strengthening of its distribution network.

ddaily.co.kr

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[Digital Daily Reporter Gu Ah-hyun] Daedong achieved its highest-ever revenue in the second quarter of this year. Profitability also improved, with operating profit increasing by more than 64% compared to the same period last year. According to the electronic disclosure system on the 10th, Daedong recorded consolidated revenue of 467.1 billion won and an operating profit of 41.2 billion won in the second quarter of this year. Compared to the sa…