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Willbes & Co. Q3 profit climbs YOY

4913682 said its third-quarter normalized net income came to 12.20 South Korean won per share, an increase of 9.9% from 11.10 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 615.2 million won, a gain from 586.9 million won in the year-earlier period.

The normalized profit margin dropped to 0.8% from 1.0% in the year-earlier period.

Total revenue grew 24.2% year over year to 74.25 billion won from 59.78 billion won, and total operating expenses rose 26.5% from the prior-year period to 72.15 billion won from 57.05 billion won.

Reported net income increased 56.2% from the prior-year period to 908.3 million won, or 18.01 won per share, from 581.6 million won, or 11.00 won per share.

s of Nov. 16, US$1 was equivalent to 1,172.80 South Korean won.Willbes & Co. Ltd.

4913682 said its third-quarter normalized net income came to 12.20 South Korean won per share, an increase of 9.9% from 11.10 won per share in the prior-year period.