AnaPass Inc. said its first-quarter normalized net income amounted to a loss of 170.46 South Korean won per share, compared with a loss of 136.50 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 1.59 billion won, compared with a loss of 1.25 billion won in the prior-year period.
The normalized profit margin fell to negative 7.3% from negative 5.6% in the year-earlier period.
Total revenue declined year over year to 21.73 billion won from 22.33 billion won, and total operating expenses fell from the prior-year period to 20.60 billion won from 21.25 billion won.
Reported net income totaled a loss of 2.32 billion won, or a loss of 247.47 won per share, compared to a loss of 1.87 billion won, or a loss of 204.00 won per share, in the prior-year period.
As of May 16, US$1 was equivalent to 1,177.43 South Korean won.
