trending Market Intelligence /marketintelligence/en/news-insights/trending/7gdP9ZoXMRkHFhfzQUAIOg2 content esgSubNav
Log in to other products

 /


Looking for more?

Contact Us
In This List

Chasys fiscal Q4 loss narrows YOY

Blog

COVID-19 Impact & Recovery: LCD Outlook for H2 2021

Blog

COVID 19 Impact Recovery Media Telecom and Technology Outlook for H2 2021

Blog

COVID-19 Impact & Recovery: Technology Outlook for H2 2021

Blog

COVID-19 Impact & Recovery: Healthcare Outlook for H2 2021


Chasys fiscal Q4 loss narrows YOY

Chasys Co. Ltd. said its normalized net income for the fiscal fourth quarter ended June 30 was a loss of 19.48 South Korean won per share, compared with a loss of 77.34 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 a loss of 323.2 million won, compared with a loss of 1.27 billion won in the year-earlier period.

The normalized profit margin increased to negative 2.3% from negative 7.3% in the year-earlier period.

Total revenue fell 19.1% on an annual basis to 14.17 billion won from 17.51 billion won, and total operating expenses decreased 17.4% on an annual basis to 14.72 billion won from 17.82 billion won.

Reported net income came to a loss of 1.60 billion won, or a loss of 96.67 won per share, compared to a loss of 2.18 billion won, or a loss of 132.15 won per share, in the prior-year period.

For the year, the company's normalized net income totaled a loss of 158.54 won per share, compared with a loss of 253.46 won per share in the prior year.

Normalized net income was a loss of 2.63 billion won, compared with a loss of 4.20 billion won in the prior year.

Full-year total revenue declined 21.4% from the prior-year period to 58.67 billion won from 74.64 billion won, and total operating expenses fell 21.5% on an annual basis to 61.67 billion won from 78.51 billion won.

The company said reported net income came to a loss of 4.63 billion won, or a loss of 279.07 won per share, in the full year, compared with a loss of 7.46 billion won, or a loss of 450.00 won per share, the prior year.

As of Nov. 11, US$1 was equivalent to 1,155.56 South Korean won.