Korea Kolmar Co. Ltd. said its normalized net income for the first quarter amounted to 401.32 South Korean won per share, a gain of 65.6% from 242.41 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 8.72 billion won, a gain of 80.0% from 4.85 billion won in the year-earlier period.
The normalized profit margin rose to 6.9% from 4.5% in the year-earlier period.
Total revenue climbed 18.4% year over year to 126.44 billion won from 106.80 billion won, and total operating expenses grew 13.9% year over year to 111.83 billion won from 98.21 billion won.
Reported net income increased 80.4% from the prior-year period to 10.78 billion won, or 496.00 won per share, from 5.98 billion won, or 298.84 won per share.
As of May 13, US$1 was equivalent to 1,091.95 South Korean won.
