Asia
Hecto Innovation's Net Income Declines 10% in Q1
Hecto Innovation (KOSDAQ:214180) posted first-quarter net income attributable to shareholders of 6.24 billion won, down 10% from 6.96 billion won a year earlier, according to a Friday filing with the Korea Exchange.The South Korean software firm's sales rose 25% year over year to 112.3 billion won from 89.6 billion won.Shares of Hecto Innovation fell nearly 3% at market close.
KOSDAQ:214180