Aekyung Industrial Co., Ltd. Q3 consolidated operating profit of KRW -3,297 million, turning to a loss from a year earlier
AAI summary · Not investment advice
Aekyung Industrial reported preliminary Q3 consolidated revenue of KRW 190.4 billion and an operating loss of KRW 3.3 billion, a swing to loss.
Operating profit · current quarter
KRW -3.3 billion
Key facts
- Basis
- Consolidated
- Revenue (current quarter)
- KRW 190.4 billion
- Revenue (previous quarter)
- KRW 194.2 billion
- Revenue (prior-year quarter)
- KRW 169.3 billion
- Revenue change vs. previous quarter
- -2.0%
- Revenue change vs. prior-year quarter
- 12.5%
- Revenue (year to date)
- KRW 543.3 billion
- Operating profit (previous quarter)
- KRW 4.5 billion
- Operating profit (prior-year quarter)
- KRW 7.3 billion
- Operating profit change vs. previous quarter
- Turned to loss
- Operating profit change vs. prior-year quarter
- Turned to loss
- Operating profit (year to date)
- KRW -358.0 millionTurned to loss vs. same period last year (cumulative)
- Net income (current quarter)
- KRW -9.8 billion
- Net income (previous quarter)
- KRW 4.6 billion
- Net income (prior-year quarter)
- KRW 4.3 billion
- Net income change vs. previous quarter
- Turned to loss
- Net income change vs. prior-year quarter
- Turned to loss
- Net income (year to date)
- KRW 8.5 billion
- Net income attributable to owners (current quarter)
- KRW -9.8 billion
Commentary
AI commentary · Not investment advice
What happened
Aekyung Industrial released preliminary consolidated results for the third quarter in a fair disclosure. Revenue was KRW 190.4 billion, with an operating loss of KRW 3.3 billion and a net loss of KRW 9.8 billion. Net loss attributable to owners of the parent was also KRW 9.8 billion. Cumulatively, revenue was KRW 543.3 billion, with an operating loss of KRW 0.4 billion and net income of KRW 8.5 billion.
In the company's terms
Versus the previous quarter, revenue moved -2.0% from KRW 194.2 billion, while operating profit of KRW 4.5 billion turned to a loss. Net income of KRW 4.6 billion in the previous quarter also turned to a loss. Versus the same quarter a year earlier, revenue rose 12.5% from KRW 169.3 billion. Operating profit of KRW 7.3 billion and net income of KRW 4.3 billion in that period both turned to losses. The ratio to market capitalization is -1.2%.
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