trending Market Intelligence /marketintelligence/en/news-insights/trending/78Q8U0HeRq9A-RENQseEmQ2 content esgSubNav
In This List

DRB Holding 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

Volume of Investment Research Reports on Inflation Increased in Q4 2021


DRB Holding Q1 profit falls YOY

DRB Holding Co. Ltd. said its normalized net income for the first quarter came to 286.25 South Korean won per share, a decline of 20.4% from 359.73 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 5.39 billion won, a decline of 20.5% from 6.78 billion won in the year-earlier period.

The normalized profit margin fell to 3.6% from 4.8% in the year-earlier period.

Total revenue increased 5.9% year over year to 149.75 billion won from 141.34 billion won, and total operating expenses increased year over year to 131.13 billion won from 126.08 billion won.

Reported net income decreased on an annual basis to 8.77 billion won, or 466.04 won per share, from 8.98 billion won, or 476.60 won per share.

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