Announcement

Preliminary Operating Results (Fair Disclosure) (February 20, 2012)

Date 2012-02-20Author Announcement AdminViews 4907
Preliminary Operating Results (Fair Disclosure) (February 20, 2012)

MK Trend disclosed preliminary separate-basis operating results for the fourth quarter and full year of 2011. The figures were preliminary and subject to change following the external audit.

MetricQ4 2011Q3 2011Quarter-on-quarterQ4 2010Year-on-year
RevenueKRW 79,314 millionKRW 47,265 million+67.81%KRW 71,973 million+10.20%
Operating profitKRW 2,196 millionKRW 1,805 million+21.66%KRW 7,939 million-72.34%
Profit before income taxKRW 2,645 millionKRW 165 million+1,503.03%KRW 7,759 million-65.91%
Net profitKRW 1,475 millionKRW 139 million+961.15%KRW 6,233 million-76.34%
Full-year metric20112010Change
RevenueKRW 239,249 millionKRW 211,396 million+13.18%
Operating profitKRW 18,505 millionKRW 17,477 million+5.88%
Profit before income taxKRW 18,151 millionKRW 16,700 million+8.69%
Net profitKRW 13,300 millionKRW 13,562 million-1.93%
  • The figures were prepared on a separate-financial-statement basis under K-IFRS.
  • The prior-year figures were restated under K-IFRS.
  • Excluding the prior-year one-off gain of KRW 4,152 million from disposal of the logistics-center building, full-year operating profit growth would have been 38.87%.
  • Fourth-quarter operating profit declined year on year because unusually warm weather delayed seasonal sales, the launch of the NBA brand generated additional costs, and higher inventories increased inventory valuation allowances.
  • Full-year net profit declined slightly because the tax rate applied to deferred tax assets changed, increasing current income tax expense.
Original disclosure archive
  • Preliminary Operating Results - Fair Disclosure - February 20, 2012.zip (ZIP)

The attached files are the original Korean-language corporate filings and remain the authoritative source documents.

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