Daemyung Sonoseason Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 12, 2021 at 02:57 am EST
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Daemyung Sonoseason Co.,Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was KRW 1,035.34 million compared to KRW 253.41 million a year ago. Net loss was KRW 5,935.67 million compared to net income of KRW 598.54 million a year ago. Basic loss per share from continuing operations was KRW 59 compared to basic earnings per share from continuing operations of KRW 6 a year ago. Diluted loss per share from continuing operations was KRW 59 compared to diluted earnings per share from continuing operations of KRW 6 a year ago. Basic loss per share was KRW 59 compared to basic earnings per share of KRW 6 a year ago.
For the nine months, sales was KRW 1,377.2 million compared to KRW 710.8 million a year ago. Net loss was KRW 21,241.23 million compared to KRW 2,307.63 million a year ago. Basic loss per share from continuing operations was KRW 211 compared to KRW 3 a year ago. Diluted loss per share from continuing operations was KRW 211 compared to KRW 3 a year ago. Basic loss per share was KRW 211 compared to KRW 22 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. 
