Haimarrow Food Service Co. Ltd. said its third-quarter normalized net income was a loss of 1.93 billion won.
Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.
The normalized profit margin was 3.7%.
Total revenue came to 51.98 billion won, and total operating expenses came to 50.30 billion won.
Reported net income came to a loss of 3.48 billion won, or a loss of 39.75 won per share.
As of Nov. 29, US$1 was equivalent to 1,170.26 South Korean won.