[KOLBIA / May 22, 2023] Dongsung Finetec reported its financial performance for Q1 2023 on May 15, 2023.

During the 1st quarter of 2023, the company achieved a 15% year-on-year increase in sales, reaching KRW 124.1 billion. Its net profit amounted to KRW 420 million.

As per the electronic disclosure public system, DART(Data Analysis, Retrieval, and Transfer System), Dongsung Finetec secured orders for ultra-cryogenic insulation materials valued at KRW 1,723.5 billion. Out of this total, the company has already fulfilled orders worth KRW 117.1 billion, leaving a remaining balance of KRW 1,606.4 billion.