trending Market Intelligence /marketintelligence/en/news-insights/trending/V4qojCupDWtyOfLTgXZobg2 content esgSubNav
Log in to other products

 /


Looking for more?

Contact Us
In This List

Seoyon Topmetal Q3 profit falls YOY

Blog

COVID-19 Impact & Recovery: LCD Outlook for H2 2021

Blog

COVID 19 Impact Recovery Media Telecom and Technology Outlook for H2 2021

Blog

COVID-19 Impact & Recovery: Technology Outlook for H2 2021

Blog

COVID-19 Impact & Recovery: Healthcare Outlook for H2 2021


Seoyon Topmetal Q3 profit falls YOY

Seoyon Topmetal Co. Ltd. said its normalized net income for the third quarter was 11.96 South Korean won per share, a decline of 94.0% from 200.26 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 139.3 million won, a decrease of 94.0% from 2.34 billion won in the year-earlier period.

The normalized profit margin dropped to 0.4% from 5.5% in the year-earlier period.

Total revenue declined 18.2% on an annual basis to 34.69 billion won from 42.39 billion won, and total operating expenses declined 13.2% year over year to 33.95 billion won from 39.14 billion won.

Reported net income declined 94.6% year over year to 148.8 million won, or 12.77 won per share, from 2.74 billion won, or 235.00 won per share.

As of Nov. 16, US$1 was equivalent to 1,172.80 South Korean won.