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Willbes & Co. Q2 profit climbs YOY

4913682 said its second-quarter normalized net income was 13.86 South Korean won per share, a gain from 3.31 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 698.9 million won, a gain from 161.8 million won in the prior-year period.

The normalized profit margin rose to 1.0% from 0.3% in the year-earlier period.

Total revenue increased 30.0% year over year to 70.46 billion won from 54.18 billion won, and total operating expenses increased 29.5% year over year to 68.30 billion won from 52.73 billion won.

eported net income increased 89.9% from the prior-year period t Willbes & Co. Ltd..