Bngt Co.,Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 16, 2022 at 12:44 pm IST
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Bngt Co.,Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was KRW 58.09 million compared to KRW 300.2 million a year ago. Net income was KRW 2,745.38 million compared to net loss of KRW 204.43 million a year ago. Basic earnings per share from continuing operations was KRW 103 compared to basic loss per share from continuing operations of KRW 14 a year ago. Diluted earnings per share from continuing operations was KRW 103 compared to diluted loss per share from continuing operations of KRW 14 a year ago. Basic earnings per share was KRW 93 compared to basic loss per share of KRW 8 a year ago. Diluted earnings per share was KRW 93 compared to diluted loss per share of KRW 8 a year ago.
For the six months, sales was KRW 81.4 million compared to KRW 318.42 million a year ago. Net income was KRW 2,517.46 million compared to net loss of KRW 483.4 million a year ago. Basic earnings per share from continuing operations was KRW 96 compared to basic loss per share from continuing operations of KRW 23 a year ago. Diluted earnings per share from continuing operations was KRW 96 compared to diluted loss per share from continuing operations of KRW 23 a year ago. Basic earnings per share was KRW 85 compared to basic loss per share of KRW 21 a year ago. Diluted earnings per share was KRW 85 compared to diluted loss per share of KRW 21 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.
MGEN SOLUTIONS CO., LTD. 
