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.
