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DL Turns to Black in Q1

South korea: DL Holding Co. on Friday reported its first-quarter net income of 12.1 billion won (US$8.3 million), turning from a loss of 19.5 billion won a year earlier.

According to Yonhap News Agency, the company said in a regulatory filing that operating profit for the January-March period rose 7.1 percent on-year to 112.9 billion won. Revenue, on the other hand, decreased 7.5 percent to 1.28 trillion won.

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