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Shinyoung Wacoal Q3 profit falls YOY

4916006 said its normalized net income for the third quarter amounted to 2,440.81 South Korean won per share, a decline of 15.2% from 2,876.92 won per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 2.20 billion won, a decline of 15.2% from 2.59 billion won in the year-earlier period.

The normalized profit margin declined to 4.3% from 5.2% in the year-earlier period.

Total revenue increased year over year to 51.03 billion won from 50.11 billion won, and total operating expenses rose on an annual basis to 48.23 billion won from 46.96 billion won.

eported net income declined 45.9% from the prior-year period to ShinyoungwacoalInc..