trending Market Intelligence /marketintelligence/en/news-insights/trending/YqUx-y_hbMIuSJH-P2Pa8A2 content esgSubNav
In This List

Pyung Hwa Holdings swings to loss in Q1

Podcast

Private Markets 360° | Episode 2: ESG maturity in private markets (with Josh Green of Novata)

The Cobalt Expansion Drive Is A Copper Story

Blog

IPEM 2023: Industry Outlook & Key Takeaways- In Crisis Lies Opportunity

Podcast

Maritime and Trade Talk | EP12: Oil Price Cap - Implications for Trade and Shipping Risk


Pyung Hwa Holdings swings to loss in Q1

Pyung Hwa Holdings Co. Ltd. said its first-quarter normalized net income was a loss of 4.54 South Korean won per share, compared with 37.88 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 a loss of 65.4 million won, compared with income of 544.0 million won in the prior-year period.

The normalized profit margin declined to negative 0.0% from 0.4% in the year-earlier period.

Total revenue declined on an annual basis to 138.28 billion won from 140.97 billion won, and total operating expenses decreased year over year to 137.57 billion won from 140.60 billion won.

Reported net income grew on an annual basis to 4.40 billion won, or 306.00 won per share, from 776.6 million won, or 54.09 won per share.

As of June 26, US$1 was equivalent to 1,122.58 South Korean won.