Upbit’s parent company’s Q1 operating profit plunges 78% amid shrinking trading volume
Source:
www.pinpointnews.co.kr
According to Pinpoint News, Dunamu, the parent company of Upbit, announced its Q1 2026 financial results: revenue amounted to KRW 234.6 billion, down 55% year-on-year; operating profit stood at KRW 88 billion, plunging 78% year-on-year; and net profit totaled KRW 69.5 billion, also down 78% year-on-year. The company attributed the decline primarily to a sharp contraction in digital asset market trading volumes amid a global economic slowdown. Dunamu currently centers its operations around Upbit and Securities Plus, while continuously strengthening its investor protection and internal control systems.