Vitzrosys. Co. Ltd. said its normalized net income for the fiscal third quarter ended Dec. 31, 2015, came to 9.75 South Korean won per share, compared with a loss of 1.23 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 392.6 million won, compared with a loss of 17.3 million won in the prior-year period.
The normalized profit margin climbed to 2.1% from negative 0.1% in the year-earlier period.
Total revenue fell 18.7% year over year to 18.85 billion won from 23.20 billion won, and total operating expenses decreased 23.3% year over year to 17.91 billion won from 23.34 billion won.
Reported net income came to 486.1 million won, or 12.07 won per share, compared to a loss of 140.0 million won, or a loss of 10.00 won per share, in the prior-year period.
As of Feb. 12, US$1 was equivalent to 1,207.85 South Korean won.
