Upbit operator Dunamu Q1 financial report: Operating profit of approximately 160 million USD, a year-on-year decrease of over 26%

ChainCatcher news, the latest quarterly report released by Dunamu, the operator of the South Korean cryptocurrency exchange Upbit, shows that the consolidated operating revenue (sales) for the first quarter of 2023 was 304.8 billion won (approximately 231 million USD), a decrease of 28.6% compared to the same period last year; operating profit was 211.9 billion won (approximately 160 million USD), down 26.3% from the previous year (287.8 billion won); net profit was 326.3 billion won (2.47 million USD), an increase of 54.9% year-on-year. (source link)