Kolon Global Q1 rebound led by construction and leisure profitability gains

Kolon Global showed signs of recovery after posting a first-quarter earnings rebound this year. The company’s shift toward a profit-focused business structure helped operating profit surge to more than twice the level of a year earlier, while net income returned to the black. The improvement was driven by stronger results from both the construction and leisure businesses. The original report described the rebound as a “two-pronged” lift from construction and leisure performance. Attention now turns to whether the benefits of the restructuring can continue. Source: mk.co.kr