trending Market Intelligence /marketintelligence/en/news-insights/trending/cRzZzDbFMLW1PRenZ3i41A2 content esgSubNav
In This List

Emerson Pacific swings to profit in Q1

Blog

Investment Banking Essentials Newsletter: October Edition, Part - 2

Blog

Global M&A By the Numbers: Q3 2021

Blog

Capital Markets Activity Infographic: SPAC Volume Rises in Q3; Equity Issuance Drops but Remains Strong in Several Sectors

Blog

Insight Weekly: Global stock performance; hydrogen pilot projects; Powell's Fed future unsure


Emerson Pacific swings to profit in Q1

Emerson Pacific Inc. said its normalized net income for the first quarter was 198.57 South Korean won per share, compared with a loss of 155.44 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 2.18 billion won, compared with a loss of 1.70 billion won in the year-earlier period.

The normalized profit margin increased to 15.4% from negative 40.1% in the year-earlier period.

Total revenue increased on an annual basis to 14.11 billion won from 4.24 billion won, and total operating expenses grew 69.6% on an annual basis to 9.78 billion won from 5.77 billion won.

Reported net income came to 3.05 billion won, or 278.02 won per share, compared to a loss of 2.21 billion won, or a loss of 201.49 won per share, in the year-earlier period.

As of May 19, US$1 was equivalent to 1,095.06 South Korean won.