Kaonmedia Co, Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 10, 2022 at 02:53 am EST
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Kaonmedia Co, Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was KRW 144,452.65 million compared to KRW 149,196.96 million a year ago. Net loss was KRW 715.7 million compared to net income of KRW 7,690.95 million a year ago. Basic loss per share from continuing operations was KRW 46.6019 compared to basic earnings per share from continuing operations of KRW 1,111.7457 a year ago.
For the nine months, sales was KRW 9,463.98 million compared to KRW 6,218.7 million a year ago. Net income was KRW 15,505.16 million compared to KRW 23,523.16 million a year ago. Basic earnings per share from continuing operations was KRW 973.7864 compared to KRW 1,485.8177 a year ago. Diluted earnings per share from continuing operations was KRW 906.7961 compared to KRW 1,405.8633 a year ago.
Kaon Group Co Ltd, formerly KAON Media Co Ltd, is a Korea-based company primarily engaged in the manufacture and sale of artificial intelligence solutions, over-the-top (OTT) services, network devices and integrated solutions. The Company operates its business through two segments. The Over-the-Top business segment is engaged in the provision of artificial intelligence and digital broadcasting reception services. The Network Business segment is engaged in the provision of broadband services.
KAON GROUP CO., LTD. 