South Korean cryptocurrency exchange Bithumb reported a revenue of 138.2 billion South Korean won (approximately 103 million US dollars) and an operating profit of 62.1 billion South Korean won (approximately 46 million US dollars) in the first quarter of this year. Compared to the same period last year, revenue increased by 172% and operating profit increased by 283%. The net profit for the period was 91.9 billion South Korean won, an increase of 126% compared to the same period last year.
Bithumb's first-quarter operating profit was approximately US$46 million, a year-on-year increase of
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