Woosung I.B. Co. Ltd. said its normalized net income for the third quarter came to a loss of 403.7 million won.
Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.
The normalized profit margin was 6.8%.
Total revenue came to 5.91 billion won, and total operating expenses totaled 5.77 billion won.
Reported net income totaled a loss of 605.4 million won, or a loss of 78.00 won per share.
As of Nov. 16, US$1 was equivalent to 1,172.80 South Korean won.