Asia
CJ Cheiljedang's Net Income Surges 364% in Q1; Shares Decline 6%
CJ Cheiljedang (KRX:097950) posted first-quarter net income attributable to shareholders of 81.8 billion won, up 364% from 17.6 billion won a year earlier, according to a Friday filing with the Korea Exchange.The South Korean food product manufacturer's sales fell 1.4% year over year to 7.111 trillion won from 7.208 trillion won.Shares of CJ Cheiljedang fell nearly 6% in recent trade.
KRX:097950
