trending Market Intelligence /marketintelligence/en/news-insights/trending/4RxDqaUDXqGaLQbow6uQCw2 content esgSubNav
In This List

Seoyon Topmetal Q1 profit falls 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

Price wars in India: Disney+ Hotstar vs. Amazon Prime Video vs. Netflix


Seoyon Topmetal Q1 profit falls YOY

Seoyon Topmetal Co. Ltd. said its normalized net income for the first quarter was 100.08 South Korean won per share, a decrease of 56.7% from 231.37 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 1.17 billion won, a decrease of 56.8% from 2.70 billion won in the prior-year period.

The normalized profit margin declined to 2.6% from 5.7% in the year-earlier period.

Total revenue decreased 5.4% on an annual basis to 44.82 billion won from 47.38 billion won, and total operating expenses declined on an annual basis to 42.39 billion won from 43.11 billion won.

Reported net income decreased 59.9% from the prior-year period to 1.30 billion won, or 111.23 won per share, from 3.23 billion won, or 276.99 won per share.

As of May 15, US$1 was equivalent to 1,083.65 South Korean won.