trending Market Intelligence /marketintelligence/en/news-insights/trending/WuXLaSJKCI0_Axvu-qDGQQ2 content esgSubNav
In This List

Korea Kolmar Q1 profit climbs 80.0% YOY

Podcast

Next in Tech | Episode 50: InfoSec spending up, again…

Blog

Broadcast deal market recap 2021

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Price wars in India: Disney+ Hotstar vs. Amazon Prime Video vs. Netflix


Korea Kolmar Q1 profit climbs 80.0% YOY

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.