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Woory Industrial posts Q3 profit

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According to Market Intelligence, December 2022

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Woory Industrial posts Q3 profit

Woory Industrial Co. Ltd. said its third-quarter normalized net income was 1.96 billion won.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin was 3.0%.

Total revenue came to 64.19 billion won, and total operating expenses came to 59.77 billion won.

Reported net income totaled 2.33 billion won, or 252.29 won per share.

As of Nov. 14, US$1 was equivalent to 1,172.96 South Korean won.