TechFlow reported, according to Money Today, that Dunamu, operator of South Korean cryptocurrency exchange Upbit, has announced its consolidated financial results for the first quarter of this year: operating revenue (sales) reached 5.311 trillion KRW (approximately 395 million USD), operating profit was 3.356 trillion KRW (approximately 249 million USD), and net profit for the period amounted to 2.674 trillion KRW (approximately 199 million USD). Operating revenue increased by 74% year-on-year, while operating profit rose by 58%. Net profit for the period declined by 18% compared to the same period last year. Compared to the previous quarter, operating revenue grew by 60%, operating profit increased by 39%, while net profit for the period decreased by 23%.
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