trending Market Intelligence /marketintelligence/en/news-insights/trending/265hRBedXC63Zgu-7LfBaA2 content esgSubNav
In This List

Good People Co. Ltd. Q2 profit falls YOY

Blog

Expand Your Perspective: Intelligence

Podcast

Next in Tech | Episode 66: Connected vehicles in transition

Blog

Gold - Geopolitical tensions and inflation remain key drivers

Blog

Lithium and Cobalt - Softer demand weighs on prices


Good People Co. Ltd. Q2 profit falls YOY

Good People Co. Ltd. said its normalized net income for the second quarter was 14.79 South Korean won per share, a decline of 75.7% from 60.97 won per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 369.6 million won, a decrease of 75.3% from 1.50 billion won in the prior-year period.

The normalized profit margin fell to 1.3% from 4.0% in the year-earlier period.

Total revenue fell 17.0% year over year to 31.20 billion won from 37.60 billion won, and total operating expenses declined 13.6% on an annual basis to 30.48 billion won from 35.27 billion won.

Reported net income declined 74.3% on an annual basis to 516.4 million won, or 20.66 won per share, from 2.01 billion won, or 81.84 won per share.

As of Aug. 17, US$1 was equivalent to 1,183.06 South Korean won.