Korea Cable T.V Chung-Buk System Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 11, 2023 at 12:57 pm IST
Share
Korea Cable T.V Chung-Buk System 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 714.85 million compared to KRW 659.66 million a year ago. Net income was KRW 197.48 million compared to KRW 120.6 million a year ago. Basic earnings per share from continuing operations was KRW 4. Basic earnings per share was KRW 4 compared to KRW 2 a year ago. Diluted earnings per share was KRW 4 compared to KRW 2 a year ago.
For the six months, sales was KRW 1,363.08 million compared to KRW 1,283.76 million a year ago. Net income was KRW 336.56 million compared to KRW 187.05 million a year ago. Basic earnings per share from continuing operations was KRW 7. Basic earnings per share was KRW 7 compared to KRW 4 a year ago. Diluted earnings per share was KRW 7 compared to KRW 4 a year ago.
KOREA CABLE T.V CHUNG-BUK SYSTEM CO., LTD. is a Korea-based company engaged in the provision of cable television (TV) service. The Company provides cable TV services to households in Chungcheongbuk-do area; high-speed Internet services, which provides through cable modems and cable TV networks, and advertising services, playing commercial films through program providers (PPs) and regional channels. It also engages in the leasing of communication equipment, such as converters, high-speed modems and digital set-tops. In addition, through its subsidiaries, it engages in the provision of telecommunication services and maintenance services. The Company sold its entire shares of World Event Network TV Co.,Ltd. and entire stakes in two cable broadcasting companies, on March 31, 2013 and September 30, 2013, respectively.
KOREA CABLE T.V CHUNG-BUK SYSTEM CO., LTD. 
