Doosan Enerbility-Q1 earnings
Doosan Enerbility shifts to black in Q1
SEOUL, April 29 (Yonhap) -- Doosan Enerbility on Wednesday reported its first-quarter net profit of 60.2 billion won (US$40.8 million), turning from a loss of 21.2 billion won a year earlier.
The company said in a regulatory filing that it posted 233.5 billion won in operating profit for the quarter, compared with 142.5 billion won a year ago. Revenue rose 13.7 percent to 4.26 trillion won.
The earnings beat market expectations. The average estimate of net profit by analysts stood at 34.4 billion won, according to a survey by Yonhap Infomax, the financial data firm of Yonhap News Agency.
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