Daemyung Sonoseason Co.,Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 16, 2022 at 06:13 am EDT
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Daemyung Sonoseason Co.,Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was KRW 92.37 million compared to KRW 108.21 million a year ago. Net loss was KRW 3,900.61 million compared to net income of KRW 1,781.17 million a year ago. Basic loss per share from continuing operations was KRW 39 compared to basic earnings per share from continuing operations of KRW 18 a year ago. Basic loss per share was KRW 39 compared to basic earnings per share of KRW 18 a year ago.
For the six months, sales was KRW 606.22 million compared to KRW 341.86 million a year ago. Net loss was KRW 10,712.19 million compared to KRW 7,881.29 million a year ago. Basic loss per share from continuing operations was KRW 106 compared to KRW 78 a year ago. Diluted loss per share from continuing operations was KRW 106 compared to KRW 78 a year ago. Basic loss per share was KRW 106 compared to KRW 78 a year ago.
Daemyung SonoSeason Co Ltd, formerly Daemyung Corporation Co Ltd, is a Korea-based company mainly engaged in the purchase of enterprise consumable materials. The Company operates its business through two segments. The Wholesale Business segment engages in the business-to-business (B2B) e-commerce and purchasing agency for enterprise consumables. The Manufacture Business segment manufactures digital video recorders (DVRs), Internet protocol (IP) systems and other video security equipment. The Company distributes its image security equipment within domestic market and to overseas markets.