trending Market Intelligence /marketintelligence/en/news-insights/trending/Z9uCVRtqPSX3AQYtlm2sdA2 content esgSubNav
Log in to other products


Looking for more?

Contact Us
In This List

Sajo Seafood Q3 profit falls YOY


Understanding the Basics of Social Housing Providers and Associations (SHPAs)


Tech in Banking: An Age of Digital Disruption


COVID-19 Impact & Recovery: LCD Outlook for H2 2021


COVID 19 Impact Recovery Media Telecom and Technology Outlook for H2 2021

Sajo Seafood Q3 profit falls YOY

Sajo Seafood Co. Ltd. said its third-quarter normalized net income came to 96.95 South Korean won per share, a decrease of 46.9% from 182.53 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 1.67 billion won, a decline of 47.0% from 3.15 billion won in the prior-year period.

The normalized profit margin fell to 2.3% from 4.3% in the year-earlier period.

Total revenue totaled 74.18 billion won, compared with 73.75 billion won in the prior-year period, and total operating expenses grew on an annual basis to 71.30 billion won from 68.14 billion won.

Reported net income decreased 71.3% year over year to 1.28 billion won, or 74.05 won per share, from 4.45 billion won, or 258.00 won per share.

As of Nov. 16, US$1 was equivalent to 1,172.80 South Korean won.