trending Market Intelligence /marketintelligence/en/news-insights/trending/R0ebCMfxznFDHc03Q4ClNg2 content esgSubNav
In This List

Tse Co. Ltd. swings to loss in Q1

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Volume of Investment Research Reports on Inflation Increased in Q4 2021

Blog

Price wars in India: Disney+ Hotstar vs. Amazon Prime Video vs. Netflix

Blog

Using ESG Analysis to Support a Sustainable Future


Tse Co. Ltd. swings to loss in Q1

TSE Co. Ltd. said its first-quarter normalized net income was a loss of 366.72 South Korean won per share, compared with 143.10 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 a loss of 3.78 billion won, compared with income of 1.49 billion won in the year-earlier period.

The normalized profit margin declined to negative 13.4% from 4.0% in the year-earlier period.

Total revenue decreased 23.2% on an annual basis to 28.25 billion won from 36.81 billion won, and total operating expenses decreased from the prior-year period to 34.16 billion won from 34.51 billion won.

Reported net income totaled a loss of 6.04 billion won, or a loss of 586.02 won per share, compared to income of 1.78 billion won, or 171.02 won per share, in the year-earlier period.

As of May 16, US$1 was equivalent to 1,177.43 South Korean won.