trending Market Intelligence /marketintelligence/en/news-insights/trending/Hk2o41JvgK7iJAp6AU8bHg2 content esgSubNav
In This List

People & Telecommunication Q1 loss widens 26.8% YOY

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

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

Blog

Volume of Investment Research Reports on Inflation Increased in Q4 2021

Blog

Using ESG Analysis to Support a Sustainable Future


People & Telecommunication Q1 loss widens 26.8% YOY

People & Telecommunication Inc. said its normalized net income for the first quarter came to a loss of 170.49 South Korean won per share, compared with a loss of 137.08 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 2.80 billion won, compared with a loss of 2.21 billion won in the prior-year period.

The normalized profit margin fell to negative 48.3% from negative 39.5% in the year-earlier period.

Total revenue rose on an annual basis to 5.79 billion won from 5.58 billion won, and total operating expenses climbed 10.2% year over year to 9.82 billion won from 8.91 billion won.

Reported net income totaled a loss of 4.49 billion won, or a loss of 273.79 won per share, compared to a loss of 4.03 billion won, or a loss of 250.45 won per share, in the year-earlier period.

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