CKH Food & Health Ltd said its normalized net income for the fiscal first quarter ended Sept. 30 was 134.11 South Korean won per share, a decline of 21.2% from 170.22 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 14.82 billion won, an increase from 14.36 billion won in the prior-year period.
The normalized profit margin fell to 19.9% from 20.1% in the year-earlier period.
Total revenue climbed on an annual basis to 74.39 billion won from 71.46 billion won, and total operating expenses climbed 5.8% year over year to 50.19 billion won from 47.46 billion won.
Reported net income increased 7.7% year over year to 17.47 billion won, or 158.10 won per share, from 16.23 billion won, or 192.39 won per share.
As of Dec. 1, US$1 was equivalent to 1,109.60 South Korean won.
