Interflex Co. Ltd. said its first-quarter normalized net income was a loss of 739.07 South Korean won per share, compared with a loss of 1,155.77 won per share in the prior-year period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of 12.11 billion won, compared with a loss of 18.93 billion won in the year-earlier period.
The normalized profit margin climbed to negative 8.6% from negative 16.9% in the year-earlier period.
Total revenue rose 26.1% year over year to 141.02 billion won from 111.85 billion won, and total operating expenses rose 11.9% year over year to 158.19 billion won from 141.38 billion won.
Reported net income came to a loss of 19.67 billion won, or a loss of 1,200.87 won per share, compared to a loss of 23.45 billion won, or a loss of 1,432.00 won per share, in the year-earlier period.
As of May 19, US$1 was equivalent to 1,189.36 South Korean won.
