Samsung Card Co., Ltd. (029780.KS), a credit card company, on Friday reported mixed performance in the first quarter, with revenue rising while profitability declined compared with the same period last year.
Net income from continuing operation before income tax stood at KRW 212.100 billion, down 14% from KRW 246.700 billion in the corresponding quarter last year.
Operating income came in at KRW 210.000 billion, compared with KRW 244.900 billion in the prior-year period.
Net income attributable to shareholders of the parent company declined to KRW 156.300 billion, from KRW 184.400 billion in the same quarter last year.
Sales, however, increased 20.5% to KRW 1.2858 trillion from KRW 1.0674 trillion in the year-ago period.
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