trending Market Intelligence /marketintelligence/en/news-insights/trending/mUVRhgePQoj2AufD-OqNNg2 content esgSubNav
In This List

BYC Co. Ltd. Q3 profit falls YOY


Street Talk | Episode 94: Recessionary fears in '22 overblown, Fed could overtighten


2022 broadband forecast shifts to market share battle with intense competition


Expand Your Perspective: Innovation


Optimism abounds in Indian online video industry

BYC Co. Ltd. Q3 profit falls YOY

BYC Co. Ltd. said its normalized net income for the third quarter amounted to 1,695.16 South Korean won per share, a decline of 47.8% from 3,248.07 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 1.06 billion won, a decrease of 61.0% from 2.71 billion won in the year-earlier period.

The normalized profit margin fell to 2.3% from 6.2% in the year-earlier period.

Total revenue climbed 5.8% on an annual basis to 46.03 billion won from 43.51 billion won, and total operating expenses increased 10.8% year over year to 42.82 billion won from 38.64 billion won.

Reported net income decreased 93.1% year over year to 229.4 million won, or 367.31 won per share, from 3.30 billion won, or 3,953.00 won per share.

As of Nov. 16, US$1 was equivalent to 1,172.80 South Korean won.