Korea New Network Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 15, 2021 at 10:09 am IST
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Korea New Network Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was KRW 16,698.11 million compared to KRW 12,530.11 million a year ago. Net income was KRW 2,674.12 million compared to KRW 1,067.64 million a year ago. Basic earnings per share from continuing operations was KRW 20 compared to KRW 8 a year ago. Diluted earnings per share from continuing operations was KRW 20 compared to KRW 8 a year ago. Basic earnings per share was KRW 20 compared to KRW 8 a year ago.
For the nine months, sales was KRW 44,351.79 million compared to KRW 36,845.43 million a year ago. Net income was KRW 7,479.25 million compared to KRW 2,773.15 million a year ago. Basic earnings per share from continuing operations was KRW 56 compared to KRW 21 a year ago. Diluted earnings per share from continuing operations was KRW 56 compared to KRW 21 a year ago. Basic earnings per share was KRW 56 compared to KRW 21 a year ago.
KOREA NEW NETWORK Corporation is a Korea-based company engaged in the broadcasting business. The Company provides television (TV) broadcasting, radio broadcasting and broadcast advertisements. It provides network programs and self-organizing programs. Through its subsidiaries, it is also involved in the real estate leasing business, Internet broadcasting business, as well as operation of Internet food shopping mall through the portal site, www.woorimadang.com.