MegaStudy Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 10, 2021 at 06:36 am IST
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MegaStudy 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 34,373.96 million compared to KRW 32,819.55 million a year ago. Net income was KRW 5,063.9 million compared to KRW 5,248.04 million a year ago. Basic earnings per share from continuing operations was KRW 427 compared to KRW 443 a year ago. Basic earnings per share was KRW 427 compared to KRW 443 a year ago.
For the nine months, sales was KRW 107,281.86 million compared to KRW 104,674.79 million a year ago. Net income was KRW 15,760.98 million compared to KRW 15,829.83 million a year ago. Basic earnings per share from continuing operations was KRW 1,329 compared to KRW 1,353 a year ago. Basic earnings per share was KRW 1,329 compared to KRW 1,335 a year ago.
MegaStudy Co., Ltd is a Korea-based company mainly engaged in the online education business. The Company provides online education services through its portal sites www.megasuday.net, campus.megastudy.net and www.mbest.co.kr, which provide online educational contents, teaching materials, video on demand (VOD) contents and learning management consulting services for pre-university students and primary and middle school students. The Company also offers offline education services through its educational institutes. In addition, it provides education services to adults through online and off-line, as well as engages in the study material publishing business.