trending Market Intelligence /marketintelligence/en/news-insights/trending/qSL7fEaQEOvL1UpP1KmMeA2 content esgSubNav
In This List

YES24 swings to profit in Q2

Case Study

A Sports League Maximizes Revenue from Media Rights

Blog

Japan M&A By the Numbers: Q4 2023

Blog

Essential IR Insights Newsletter Fall - 2023

Case Study

A Corporation Clearly Pinpoints Activist Investor Activity


YES24 swings to profit in Q2

YES24 Co. Ltd. said its normalized net income for the second quarter was 96.09 South Korean won per share, compared with a loss of 34.11 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 1.65 billion won, compared with a loss of 576.0 million won in the prior-year period.

The normalized profit margin rose to 2.0% from negative 0.8% in the year-earlier period.

Total revenue increased 5.8% on an annual basis to 77.35 billion won from 73.14 billion won, and total operating expenses totaled 74.70 billion won, compared with 74.26 billion won in the year-earlier period.

Reported net income came to 2.91 billion won, or 169.28 won per share, compared to a loss of 963.7 million won, or a loss of 57.07 won per share, in the year-earlier period.

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