Next Entertainment World Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 11, 2022 at 01:34 am EST
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Next Entertainment World 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 31,152.89 million compared to KRW 50,765.12 million a year ago. Net income was KRW 184.3 million compared to KRW 1,967.95 million a year ago. Basic earnings per share from continuing operations was KRW 7 compared to KRW 79 a year ago. Diluted earnings per share from continuing operations was KRW 6 compared to KRW 74 a year ago. Basic earnings per share was KRW 7 compared to KRW 71 a year ago. Diluted earnings per share was KRW 6 compared to KRW 66 a year ago.
For the nine months, sales was KRW 114,563.52 million compared to KRW 104,859.62 million a year ago. Net income was KRW 2,834.67 million compared to KRW 1,647.01 million a year ago. Basic earnings per share from continuing operations was KRW 118 compared to KRW 98 a year ago. Diluted earnings per share from continuing operations was KRW 110 compared to KRW 95 a year ago. Basic earnings per share was KRW 102 compared to KRW 59 a year ago. Diluted earnings per share was KRW 95 compared to KRW 57 a year ago.
Next Entertainment World Co., Ltd. is a Korea-based company principally engaged in the movies, videos and broadcasting programs distribution business. The Company mainly operates movie segment, which distributes movies. In addition, through its subsidiaries, the Company operates other business segment, which involves in the music content business, management business, publication right business, concert business and others.