trending Market Intelligence /marketintelligence/en/news-insights/trending/2UXeg2G81P4GetClUNecSw2 content esgSubNav
In This List

Barunson fiscal Q1 loss widens YOY

Podcast

Next in Tech | Episode 50: InfoSec spending up, again…

Blog

Broadcast deal market recap 2021

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Volume of Investment Research Reports on Inflation Increased in Q4 2021


Barunson fiscal Q1 loss widens YOY

Barunson Co. Ltd. said its normalized net income for the fiscal first quarter ended June 30 came to a loss of 191.68 South Korean won per share, compared with a loss of 51.72 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 a loss of 2.02 billion won, compared with a loss of 451.5 million won in the prior-year period.

The normalized profit margin declined to negative 27.8% from negative 5.2% in the year-earlier period.

Total revenue decreased 18.6% year over year to 7.13 billion won from 8.76 billion won, and total operating expenses decreased from the prior-year period to 10.32 billion won from 10.82 billion won.

Reported net income came to a loss of 4.00 billion won, or a loss of 379.96 won per share, compared to a loss of 1.77 billion won, or a loss of 202.66 won per share, in the prior-year period.

As of Aug. 29, US$1 was equivalent to 1,015.32 South Korean won.