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Woosu AMS posts Q2 loss

Woosu AMS Co. Ltd. said its normalized net income for the second quarter came to a loss of 24.8 million won.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin was 0.0%.

Total revenue totaled 58.98 billion won, and total operating expenses totaled 58.23 billion won.

Reported net income came to a loss of 51.8 million won, or a loss of 3.05 won per share.

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