trending Market Intelligence /marketintelligence/en/news-insights/trending/9tFou_j5AAlJGb3LKRDNdg2 content esgSubNav
In This List

Guyoung Technology swings to profit in Q2

Case Study

A Green Lender Adopts a Robust Approach for Assessing Project Finance Credit Risks

Podcast

MediaTalk | Season 2
Ep.1: Broadcast's Big Year

Blog

Global M&A by the Numbers Q4 2023

Blog

Investment Banking Essentials: February 21


Guyoung Technology swings to profit in Q2

Guyoung Technology Co. Ltd. said its normalized net income for the second quarter was 13.97 South Korean won per share, compared with a loss of 16.74 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 256.7 million won, compared with a loss of 294.3 million won in the prior-year period.

The normalized profit margin rose to 0.6% from negative 0.7% in the year-earlier period.

Total revenue came to 42.59 billion won, compared with 42.72 billion won in the prior-year period, and total operating expenses totaled 41.76 billion won, compared with 41.51 billion won in the prior-year period.

Reported net income totaled 241.5 million won, or 13.14 won per share, compared to a loss of 302.5 million won, or a loss of 17.21 won per share, in the year-earlier period.

As of Aug. 17, US$1 was equivalent to 1,183.06 South Korean won.