Sejong Telecom, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 02:06 am EDT
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Sejong Telecom, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was KRW 79,591.23 million compared to KRW 87,697.58 million a year ago. Net income was KRW 22,384.63 million compared to net loss of KRW 4,915.65 million a year ago. Basic earnings per share from continuing operations was KRW 84 compared to basic loss per share from continuing operations of KRW 12 a year ago. Basic earnings per share was KRW 84 compared to basic loss per share of KRW 12 a year ago.
For the six months, sales was KRW 153,766.56 million compared to KRW 175,581.81 million a year ago. Net income was KRW 39,814.74 million compared to net loss of KRW 6,974.55 million a year ago. Basic earnings per share from continuing operations was KRW 149 compared to basic loss per share from continuing operations of KRW 14 a year ago. Basic earnings per share was KRW 149 compared to basic loss per share of KRW 14 a year ago.
Sejong Telecom, Inc, formerly Onse telecom Corporation is a Korea-based company specialized in the provision of integrated communication services. The Company operates its business through three divisions: communication division, which provides telecommunication services such as international calling services, domestic calling services, wireless Internet services, Internet data center (IDC) services, data services and voice over Internet protocol (VoIP) services; system integration (SI) division, which provides SI services for information and communication network works, and product division, which distribute radio products.