Daemyung Sonoseason Co.,Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 03:01 am EDT
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Daemyung Sonoseason Co.,Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was KRW 237.05 million compared to KRW 92.37 million a year ago. Net loss was KRW 183.94 million compared to KRW 3,900.61 million a year ago. Basic loss per share from continuing operations was KRW 2 compared to KRW 39 a year ago. Diluted loss per share from continuing operations was KRW 2 compared to KRW 39 a year ago. Basic loss per share was KRW 3 compared to KRW 39 a year ago.
For the six months, sales was KRW 723.64 million compared to KRW 606.22 million a year ago. Net income was KRW 123.45 million compared to net loss of KRW 10,712.19 million a year ago. Basic earnings per share from continuing operations was KRW 1 compared to basic loss per share from continuing operations of KRW 106 a year ago. Basic earnings per share was KRW 1 compared to basic loss per share of KRW 106 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.
DAEMYUNG SONOSEASON CO.,LTD. 
