trending Market Intelligence /marketintelligence/en/news-insights/trending/8wJ-Ygltz8uQkrS4wTWy3Q2 content esgSubNav
In This List

Alton Sports Q1 profit climbs 25.8% 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


Alton Sports Q1 profit climbs 25.8% YOY

Alton Sports Co. Ltd. said its first-quarter normalized net income was 111.29 South Korean won per share, an increase of 26.0% from 88.33 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 1.25 billion won, an increase of 25.8% from 995.7 million won in the year-earlier period.

The normalized profit margin rose to 7.1% from 6.8% in the year-earlier period.

Total revenue increased 21.8% on an annual basis to 17.72 billion won from 14.55 billion won, and total operating expenses increased 22.7% on an annual basis to 15.82 billion won from 12.89 billion won.

Reported net income increased 9.9% from the prior-year period to 1.46 billion won, or 130.05 won per share, from 1.33 billion won, or 118.24 won per share.

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