[Alpha Biz=(Chicago) Reporter Paul Lee] Dunamu, which operates the largest virtual asset exchange in Korea, announced on the 30th that its operating profit for the first quarter was 211.9 billion won. This is a 26.3% decrease from the same period last year.
According to the Financial Supervisory Service's electronic disclosure, Dunamu's consolidated operating profit (sales) in the first quarter of this year was 304.8 billion won, down 28.6% from a year earlier (426.8 billion won). On the other hand, net profit rose 54.9% to 326.3 billion won.
Dunamu explained that the drop in sales and profits appear to be due to a continued reduction in global liquidity, economic slowdown and weak overall investor sentiment. On the other hand, the increase in net profit came as the market price of digital assets, including Bitcoin, improved compared to the previous quarter.
On the other hand, Dunamu is included in the corporation subject to external audits with more than 500 owners by securities, and has been making it mandatory to publish business reports and half-yearly reports since 2022.
Alphabiz Reporter Kim Jisun(stockmk2020@alphabiz.co.kr)
