trending Market Intelligence /marketintelligence/en/news-insights/trending/NuvBPvjiS22uJ6nPt-Rt6A2 content esgSubNav
In This List

WFM Inc. posts Q2 loss

Blog

The World's Largest P&C Insurers, 2023

Blog

The Worlds Largest Life Insurers, 2023

Case Study

A Law Firm Harnesses Data to Drive a Powerful Business Intelligence Dashboard

Case Study

Analysts Utilize the S&P Global Marketplace Workbench to Explore and Visualize Datasets


WFM Inc. posts Q2 loss

WFM Inc. said its normalized net income for the second quarter amounted to a loss of 395.8 million won.

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

The normalized profit margin was 1.3%.

Total revenue totaled 4.86 billion won, and total operating expenses totaled 5.09 billion won.

Reported net income totaled a loss of 732.5 million won, or a loss of 101.90 won per share.

As of Aug. 17, US$1 was equivalent to 1,183.06 South Korean won.