MegaStudy Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 11:11 am IST
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MegaStudy Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was KRW 17,305.93 million compared to KRW 11,405.47 million a year ago. Net income was KRW 6,035.76 million compared to KRW 4,747.26 million a year ago. Basic earnings per share from continuing operations was KRW 529 compared to KRW 414 a year ago. Basic earnings per share was KRW 529 compared to KRW 414 a year ago.
For the nine months, sales was KRW 41,851.77 million compared to KRW 34,124.56 million a year ago. Net income was KRW 18,103.95 million compared to KRW 16,373.54 million a year ago. Basic earnings per share from continuing operations was KRW 1,587 compared to KRW 1,397 a year ago. Basic earnings per share was KRW 1,587 compared to KRW 1,397 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.
MEGASTUDY CO., LTD. 
