KolmarBNH Co. Ltd. said its normalized net income for the first quarter amounted to a loss of 10.91 billion won.

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

The normalized profit margin was 19.9%.

Total revenue came to 54.83 billion won, and total operating expenses totaled 47.14 billion won.

Reported net income came to a loss of 18.89 billion won, or a loss of 760.00 won per share.

As of May 14, US$1 was equivalent to 1,090.69 South Korean won.