IA, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 12:19 pm IST
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iA, 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 18,401.09 million compared to KRW 20,169.13 million a year ago. Net loss was KRW 876.9 million compared to net income of KRW 6.26 million a year ago. Basic loss per share from continuing operations was KRW 3. Diluted loss per share from continuing operations was KRW 3. Basic loss per share was KRW 3.
For the nine months, sales was KRW 0.00008 million compared to negative sales of KRW 0.00021 million a year ago. Net income was KRW 2,772 million compared to KRW 4,933.21 million a year ago. Basic earnings per share from continuing operations was KRW 9 compared to KRW 17 a year ago. Diluted earnings per share from continuing operations was KRW 9 compared to KRW 17 a year ago. Basic earnings per share was KRW 9 compared to KRW 17 a year ago.
iA, Inc is a Korea-based company principally engaged in the design and manufacture of semiconductors. The Company operates two business divisions: semiconductor and system. Its semiconductor division provides application specific integrated circuits (ASICs) such as network chips, mobile television (TV) chips, camera chips, three dimensional (3D) chips, digital video record (DVR) chips, voice processing chips and others, as well as semiconductors such as video and sound chips used for broadcasting, communication and automobiles. Its system division provides Internet phones including voice over IP (VoIP) and multimedia over IP (MoIP) devices. Through its subsidiary, it also involves in the software outsourcing business. On April 16, 2013, the Company changed its name to iA, Inc., from C&S Technology Inc.
IA, INC. 
