Kolmar BNH Q1 Operating Profit Reaches 10.3 Billion Won, Up 2.9 Times on Cost Gains

Kolmar BNH, a health functional food ODM company, said its preliminary consolidated results for the first quarter showed revenue of 136.9 billion won and operating profit of 10.3 billion won. Operating profit increased 2.9 times from the same period last year. The improvement reflected a better cost structure, including higher facility utilization. While sales remained above the 100 billion won level, the sharp rise in operating profit highlighted stronger profitability. The first-quarter performance shows how production efficiency and cost management affected results at Kolmar BNH’s health functional food ODM business. Source: mk.co.kr