Korea Cable T.V Chung-Buk System Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 10:03 am IST
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Korea Cable T.V Chung-Buk System 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 696.96 million compared to KRW 626.45 million a year ago. Net income was KRW 249.98 million compared to KRW 18.39 million a year ago. Basic earnings per share from continuing operations was KRW 5. Diluted earnings per share from continuing operations was KRW 5. Basic earnings per share was KRW 5.
For the nine months, sales was KRW 2,010.77 million compared to KRW 1,883.9 million a year ago. Net income was KRW 437.03 million compared to KRW 1,739.31 million a year ago. Basic earnings per share from continuing operations was KRW 9 compared to KRW 31 a year ago. Diluted earnings per share from continuing operations was KRW 9 compared to KRW 31 a year ago. Basic earnings per share was KRW 9 compared to KRW 31 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. 
