YG Plus, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 02:13 am EST
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YG Plus, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was KRW 0.00002 million compared to KRW 0.00002 million a year ago. Net income was KRW 2,960.48 million compared to KRW 4,480.59 million a year ago. Basic earnings per share from continuing operations was KRW 42 compared to KRW 69 a year ago. Basic earnings per share was KRW 46 compared to KRW 71 a year ago. Diluted earnings per share was KRW 46 compared to KRW 70 a year ago.
For the nine months, sales was KRW 0.00001 million compared to KRW 0.00001 million a year ago. Net income was KRW 9,164.48 million compared to KRW 8,021.02 million a year ago. Basic earnings per share from continuing operations was KRW 149 compared to KRW 115 a year ago. Basic earnings per share was KRW 144 compared to KRW 127 a year ago. Diluted earnings per share was KRW 144 compared to KRW 127 a year ago.
YG PLUS, INC, formerly PHOENIX HOLDINGS INC, is a Korea-based advertising agency. Along with its affiliated companies, the Company operates two categories of businesses: advertisement production business and media agency business. Its advertisement production business creates advertisements for its clients. Its media agency business publishes and broadcasts advertisements through mass media such as televisions (TVs), radios, newspapers, magazines, new media, such as cable TVs and Internet, as well as outdoor billboards, subways, buses and theaters. The Companyâs clients include COCACOLA, SK Telecom, THE FACE SHOP and others.