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Yujin Robot swings to profit in Q3

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Yujin Robot swings to profit in Q3

4916226 said its normalized net income for the third quarter came to 4.42 South Korean won per share, compared with a loss of 1.72 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 100.5 million won, compared with a loss of 34.6 million won in the prior-year period.

The normalized profit margin increased to 1.0% from negative 0.4% in the year-earlier period.

Total revenue climbed year over year to 10.24 billion won from 9.85 billion won, and total operating expenses grew on an annual basis to 10.13 billion won from 9.79 billion won.

Reported net income came to 160.8 million won, or 7.06 won per share, compared to a loss of 80.3 million won, or a loss of 4.00 won per share, in the year-earlier period.

s of Nov. 16, US$1 was equivalent to 1,172.80 South Korean won.Yujin Robot Co. Ltd.

4916226 said its normalized net income for the third quarter came to 4.42 South Korean won per share, compared with a loss of 1.72 won per share in the prior-year period.