Zinus Q1 net profit down 70.9 pct to 5.4 bln won

Zinus-Q1 earnings

Zinus Q1 net profit down 70.9 pct to 5.4 bln won

SEOUL, May 8 (Yonhap) -- 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.

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