trending Market Intelligence /marketintelligence/en/news-insights/trending/ELrPsgE0C3rUG_cpjfaj3Q2 content esgSubNav
In This List

CammSys swings to loss in Q1

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Volume of Investment Research Reports on Inflation Increased in Q4 2021

Blog

Price wars in India: Disney+ Hotstar vs. Amazon Prime Video vs. Netflix

Blog

Using ESG Analysis to Support a Sustainable Future


CammSys swings to loss in Q1

CammSys Corp. said its first-quarter normalized net income was a loss of 19.53 South Korean won per share, compared with 69.10 won per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of 1.17 billion won, compared with income of 3.44 billion won in the year-earlier period.

The normalized profit margin fell to negative 1.3% from 3.0% in the year-earlier period.

Total revenue fell 23.9% year over year to 87.23 billion won from 114.60 billion won, and total operating expenses fell 17.5% year over year to 89.43 billion won from 108.37 billion won.

Reported net income came to a loss of 2.71 billion won, or a loss of 61.21 won per share, compared to income of 5.40 billion won, or 108.70 won per share, in the prior-year period.

As of May 16, US$1 was equivalent to 1,177.43 South Korean won.