trending Market Intelligence /marketintelligence/en/news-insights/trending/igdP1QXAfLZ0R6zt1Lo3zw2 content esgSubNav
In This List

Dayou A-Tech swings to loss in Q1

Podcast

Next in Tech | Episode 50: InfoSec spending up, again…

Blog

Broadcast deal market recap 2021

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Volume of Investment Research Reports on Inflation Increased in Q4 2021


Dayou A-Tech swings to loss in Q1

Dayou A-Tech Co. Ltd. said its first-quarter normalized net income was a loss of 33.80 South Korean won per share, compared with 33.69 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 2.93 billion won, compared with income of 2.86 billion won in the prior-year period.

The normalized profit margin fell to negative 1.5% from 1.8% in the year-earlier period.

Total revenue grew 20.6% on an annual basis to 195.33 billion won from 161.92 billion won, and total operating expenses climbed 34.5% on an annual basis to 209.96 billion won from 156.10 billion won.

Reported net income totaled a loss of 8.85 billion won, or a loss of 102.06 won per share, compared to income of 4.43 billion won, or 52.26 won per share, in the prior-year period.

As of April 30, US$1 was equivalent to 1,077.15 South Korean won.