Bngt Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 16, 2022 at 01:32 pm IST
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Bngt Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was KRW 23.31 million compared to KRW 136.04 million a year ago. Net loss was KRW 227.92 million compared to KRW 278.97 million a year ago. Basic loss per share from continuing operations was KRW 7 compared to KRW 10 a year ago. Basic loss per share was KRW 8 compared to KRW 13 a year ago. Diluted loss per share was KRW 7 compared to KRW 12 a year ago.
Mgen Solutions Co Ltd, formerly BNGT Co Ltd, is a Korea-based company engaged in the manufacture and sale of printer cartridge parts. The Company operates its business through five segments. The Developing Machine Business segment is engaged in the manufacture and sale of printer cartridge parts. The Broadband Convergence Network (BcN)/Artificial Intelligence (AI) Business segment is engaged in the operation and build of broadband self-communication network. The Segment is also engaged in the provision of artificial intelligence image analysis solutions. The Communication Network Business segment is engaged in the provision of information technology services related to smart homes and the Internet of Things (IoT). The Bio Business segment is engaged in the development of organs for transplantation. The Other Business segment is engaged in the sale of medical devices.