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.
