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Vieworks Co., Ltd. Q3 operating profit KRW 10,965 million, up 154.8% year on year

Vieworks Co., Ltd.· Preliminary Earnings

AI summary · Not investment advice

Q3 consolidated revenue was KRW 61,569 million, up 14.7% year on year and down 3.6% from the prior quarter; operating profit was KRW 10,965 million, up 154.8% year on year.

Operating profit · current quarter

KRW 11.0 billion

Key facts

Basis
Consolidated
Revenue (current quarter)
KRW 61.6 billion
Revenue (previous quarter)
KRW 63.9 billion
Revenue (prior-year quarter)
KRW 53.7 billion
Revenue change vs. previous quarter
-3.6%
Revenue change vs. prior-year quarter
14.7%
Revenue (year to date)
KRW 183.6 billion
Operating profit (previous quarter)
KRW 10.7 billion
Operating profit (prior-year quarter)
KRW 4.3 billion
Operating profit change vs. previous quarter
2.5%
Operating profit change vs. prior-year quarter
154.8%
Operating profit (year to date)
KRW 30.5 billion
Net income (current quarter)
KRW -215.0 million
Net income (previous quarter)
KRW 16.2 billion
Net income (prior-year quarter)
KRW 6.4 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 25.3 billion
Net income attributable to owners (current quarter)
KRW -61.0 million

Commentary

AI commentary · Not investment advice

What happened

Viewworks released its provisional consolidated operating results for the third quarter in a fair disclosure. Revenue was KRW 61.6 billion for the quarter, operating profit was KRW 11.0 billion, and net profit was a loss of KRW 0.2 billion. Net profit attributable to owners of the parent was a loss of KRW 61 million.

In the company's terms

Compared with the previous quarter, revenue moved -3.6% from KRW 63.9 billion and operating profit rose 2.5% from KRW 10.7 billion. Net profit swung to a loss from KRW 16.2 billion in the previous quarter. Against the same quarter a year earlier, revenue rose 14.7% from KRW 53.7 billion and operating profit rose 154.8% from KRW 4.3 billion. Net profit swung to a loss from KRW 6.4 billion a year earlier. Cumulative figures are revenue of KRW 183.6 billion, operating profit of KRW 30.5 billion and net profit of KRW 25.3 billion. Quarterly revenue equals 4.4% of market capitalization.

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