4917415 said its fourth-quarter normalized net income amounted to 62.78 South Korean won per share, a decrease of 52.2% from 131.27 won per share in the prior-year period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 718.9 million won, a decrease of 38.8% from 1.17 billion won in the year-earlier period.
The normalized profit margin fell to 3.7% from 4.2% in the year-earlier period.
Total revenue fell 30.6% year over year to 19.28 billion won from 27.77 billion won, and total operating expenses declined 30.2% from the prior-year period to 17.11 billion won from 24.52 billion won.
Reported net income fell 57.8% from the prior-year period to 693.2 million won, or 60.53 won per share, from 1.64 billion won, or 183.54 won per share.
For the year, the company's normalized net income totaled a loss of 21.68 won per share, compared with a loss of 223.33 won per share in the prior year.
Normalized net income was a loss of 245.5 million won, compared with a loss of 1.58 billion won in the prior year.
Full-year total revenue decreased on an annual basis to 92.58 billion won from 94.31 billion won, and total operating expenses fell on an annual basis to 91.43 billion won from 93.64 billion won.
he company said reported net income came to a loss of 2.13 billio BG T&A Co. Ltd.