Hyundai Department Store Co. Ltd. said its first-quarter normalized net income amounted to 2,243.84 South Korean won per share, compared with the S&P Capital IQ consensus estimate of 3,337.18 won per share.
EPS declined 8.4% year over year from 2,450.89 won.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 51.46 billion won, a decrease of 8.8% from 56.45 billion won in the prior-year period.
The normalized profit margin fell to 13.0% from 14.3% in the year-earlier period.
Total revenue came to 395.76 billion won, compared with 393.93 billion won in the prior-year period, and total operating expenses rose on an annual basis to 304.31 billion won from 295.27 billion won.
Reported net income declined 8.7% from the prior-year period to 70.80 billion won, or 3,087.43 won per share, from 77.53 billion won, or 3,366.07 won per share.
As of May 15, US$1 was equivalent to 1,083.65 South Korean won.
