Zinus Inc. on Monday reported its first-quarter net profit of 5.4 billion won (US$4.1 million), down 70.9 percent from a year earlier.
The company said in a regulatory filing that it posted 8.3 billion won in operating profit for the quarter, compared with 28.3 billion won a year ago. Sales fell 21.2 percent to 229.1 billion won.
Source: Yonhap News Agency