KX Innovation Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 02:05 pm IST
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KX Innovation Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported negative sales was KRW 0.00052 million compared to sales of KRW 0.00058 million a year ago. Net income was KRW 11,492.18 million compared to KRW 26,451.4 million a year ago. Basic earnings per share was KRW 274 compared to KRW 622 a year ago. Diluted earnings per share was KRW 274 compared to KRW 578 a year ago.
For the nine months, negative sales was KRW 0.00043 million compared to sales of KRW 0.00082 million a year ago. Net income was KRW 12,022.81 million compared to KRW 37,327.96 million a year ago. Basic earnings per share was KRW 287 compared to KRW 841 a year ago. Diluted earnings per share was KRW 287 compared to KRW 813 a year ago.
KX Innovation Co Ltd, formerly KMH Co Ltd, is a Korea-based company engaged in the broadcasting service business. The Company is mainly engaged in the provision of broadcasting services such as cable television (TV), satellite broadcasting, and digital multimedia broadcasting (DMB). In addition, the Company is engaged in the provision of drama and entertainment channels and operation of advertising agencies. Through its subsidiaries, the Company is also engaged in the businesses such as manufacture and sale of semiconductor component materials, operation of golf courses, and production and sale of broadcasting equipment.
KX INNOVATION CO., LTD. 
