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Interpark Holdings Q2 profit climbs YOY

Interpark Holdings Corp. said its second-quarter normalized net income came to 183.21 South Korean won per share, an increase from 10.66 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 10.43 billion won, a gain from 579.2 million won in the prior-year period.

The normalized profit margin climbed to 1.2% from 0.1% in the year-earlier period.

Total revenue grew 9.3% on an annual basis to 857.53 billion won from 784.54 billion won, and total operating expenses climbed 8.5% year over year to 840.08 billion won from 773.97 billion won.

Reported net income increased on an annual basis to 15.13 billion won, or 265.77 won per share, from 1.75 billion won, or 32.13 won per share.

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