YES24 Co. Ltd. said its normalized net income for the first quarter amounted to 208.35 South Korean won per share, a gain from 63.07 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 3.58 billion won, a gain from 1.13 billion won in the year-earlier period.
The normalized profit margin climbed to 3.9% from 1.2% in the year-earlier period.
Total revenue climbed 30.7% on an annual basis to 126.31 billion won from 96.65 billion won, and total operating expenses grew 27.0% from the prior-year period to 120.39 billion won from 94.82 billion won.
Reported net income rose from the prior-year period to 4.66 billion won, or 271.01 won per share, from 1.92 billion won, or 107.07 won per share.
As of May 15, US$1 was equivalent to 1,083.65 South Korean won.
