Explosive Growth: Dunamu Reports 58% Increase in Operating Profit

IconCNT16 May, 2024

cryptonews.jpg

Explosive Growth: Dunamu Reports 58% Increase in Operating Profit

Dunamu recently reported their impressive first-quarter financial results, showcasing notable growth compared to both last year and the previous quarter. The operator of South Korea's largest cryptocurrency exchange, Upbit, announced a consolidated operating revenue of 531.1 billion won, a significant 74% increase from the same period last year. Furthermore, their operating profit surged by an impressive 58% to 335.6 billion won. However, while net income witnessed an 18% decrease year-over-year, it still reached 267.4 billion won. Compared to the previous quarter, Dunamu's operating revenue and profit both increased by 60% and 39%, respectively. Previously on May 15, 2024, Dunamu reported operating revenue of 531.1 billion won and operating profit of 335.6 billion won for the first quarter of this year.

Related News