Cloud Air Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 11, 2022 at 12:33 pm IST
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Cloud Air 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 0.28392 million compared to KRW 156.9 million a year ago. Net income was KRW 412.67 million compared to net loss of KRW 482.53 million a year ago. Basic earnings per share from continuing operations was KRW 7 compared to basic loss per share from continuing operations of KRW 9 a year ago. Basic earnings per share was KRW 7 compared to basic loss per share of KRW 9 a year ago.
For the nine months, sales was KRW 1.56 million compared to KRW 644.64 million a year ago. Net income was KRW 5,564.31 million compared to net loss of KRW 668.07 million a year ago. Basic earnings per share from continuing operations was KRW 94 compared to basic loss per share from continuing operations of KRW 13 a year ago. Basic earnings per share was KRW 94 compared to basic loss per share of KRW 13 a year ago.
Cloud Air Co Ltd, formerly Livefinancial Co Ltd, is a Korea-based company principally engaged in the manufacture and sale of light emitting diode (LED). The Company operates its business through three segments. The LED Business segment produces LED used for automobiles and lighting. It also engages in the business of real estate rental. The Investment Advisory Business segment provides services related to management consulting. The Fintech Business segment engages in fintech platform and service related business.
CLOUD AIR CO.,LTD. 
