Ecopro Co., Ltd. (086520.KQ), engaged in the manufacture and sale of secondary battery materials, on Wednesday reported improved first-quarter performance, with higher sales and a significant turnaround in profitability compared with the same period last year.
Profit from continuing operation before corporate income tax was 274.496 billion won, versus a loss before tax of 24.597 billion won in the same period last year.
Operating income rose to 60.174 billion won from 1.374 billion won in the prior-year quarter.
Net income came in at 219.400 billion won, compared with a loss of 10.759 billion won a year earlier.
Sales increased to 822.038 billion won from 806.827 billion won a year earlier.
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