Seoul: CS Wind Corp. on Thursday announced a net profit of 95.5 billion won (US$68.4 million) for the first quarter, marking a significant turnaround from a loss of 40 billion won in the same period last year.

According to Yonhap News Agency, the company's operating profit for the January-March timeframe was 125.2 billion won, a substantial improvement compared to a loss of 9.5 billion won a year earlier. The company's sales also saw an increase, rising by 22.4 percent to 901.9 billion won.