IokCompany Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 02:33 pm IST
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IokCompany Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was KRW 1,817 million compared to KRW 3,830.08 million a year ago. Net loss was KRW 6,673.84 million compared to KRW 19,102.17 million a year ago. Basic loss per share from continuing operations was KRW 1,140 compared to KRW 3,560 a year ago. Basic loss per share was KRW 1,380 compared to KRW 4,060 a year ago.
For the six months, sales was KRW 8,677.26 million compared to KRW 7,912.4 million a year ago. Net loss was KRW 17,721.82 million compared to KRW 17,128.23 million a year ago. Basic loss per share from continuing operations was KRW 3,420 compared to KRW 3,220 a year ago. Basic loss per share was KRW 3,680 compared to KRW 3,660 a year ago.
IOKCOMPANY Co., Ltd. is a company mainly engaged in the entertainment business. Along with subsidiaries, the Company operates its business through two segments. The Entertainment Business segment is engaged in artist management, manufacturing and sales of cosmetics and fashion products. Cosmetics are sold under the name of KOY. Fashion products are sold under the name of atti.k. The Information and Communication Technology (ICT) Business is engaged in the provision of wireless Internet solutions and services.