KEYEAST.Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 15, 2021 at 02:24 am EST
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KEYEAST.Co.,Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported negative sales was KRW 0.00003 million compared to sales of KRW 0.00011 million a year ago. Net loss was KRW 225.95 million compared to net income of KRW 12,411.73 million a year ago. Basic loss per share from continuing operations was KRW 13 compared to KRW 176 a year ago. Diluted loss per share from continuing operations was KRW 32. Basic loss per share was KRW 13 compared to basic earnings per share of KRW 727 a year ago. Diluted loss per share was KRW 32 compared to diluted earnings per share of KRW 726 a year ago.
For the nine months, sales was KRW 0.00088 million compared to negative sales of KRW 0.00063 million a year ago. Net loss was KRW 1,982.9 million compared to net income of KRW 13,730 million a year ago. Basic loss per share from continuing operations was KRW 112 compared to KRW 69 a year ago. Diluted loss per share from continuing operations was KRW 112 compared to KRW 66 a year ago. Basic loss per share was KRW 112 compared to basic earnings per share of KRW 805 a year ago. Diluted loss per share was KRW 112 compared to diluted earnings per share of KRW 806 a year ago.
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.