KEYEAST.Co.,Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 16, 2022 at 03:47 am EDT
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KEYEAST.Co.,Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported negative sales was KRW 0.00009 million compared to sales of KRW 0.0004 million a year ago. Net loss was KRW 817.41 million compared to net income of KRW 587.27 million a year ago. Basic loss per share from continuing operations was KRW 42 compared to basic earnings per share from continuing operations of KRW 33 a year ago. Diluted loss per share from continuing operations was KRW 45 compared to diluted earnings per share from continuing operations of KRW 33 a year ago. Basic loss per share was KRW 42 compared to basic earnings per share of KRW 33 a year ago. Diluted loss per share was KRW 45.
For the six months, sales was KRW 0.00043 million compared to negative sales of KRW 0.00009 million a year ago. Net loss was KRW 506.54 million compared to KRW 1,756.95 million a year ago. Basic loss per share from continuing operations was KRW 27 compared to KRW 100 a year ago. Diluted loss per share from continuing operations was KRW 84 compared to KRW 100 a year ago. Basic loss per share was KRW 27 compared to KRW 100 a year ago. Diluted loss per share was KRW 84.
KEYEAST Co., Ltd. is a Korea-based company engaged in the entertainment business. The Company engages in the management of recruiting new and top actors and brand marketing of actors; planning, manufacture and sale of the value added products based on Korean dramas and movies with affiliated artists through merchandising and licensing business; production and planning of dramas, movies, music and other culture contents as well as provision of contents through media platforms; investment of dramas and movies, and planning and conducting of events, such as performances, exhibitions and conventions. On August 27, 2012, the Company established a new wholly owned subsidiary, which is mainly engaged in the producing of drama and broadcasting contents.