Mgenplus Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 12, 2021 at 12:22 pm IST
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Mgenplus 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 410.04 million compared to KRW 267.73 million a year ago. Net income was KRW 5,581.72 million compared to net loss of KRW 789.86 million a year ago. Basic earnings per share from continuing operations was KRW 194 compared to basic loss per share from continuing operations of KRW 89 a year ago. Basic earnings per share was KRW 193 compared to basic loss per share of KRW 44 a year ago.
For the nine months, sales was KRW 728.46 million compared to KRW 364.44 million a year ago. Net income was KRW 5,098.32 million compared to net loss of KRW 3,469.23 million a year ago. Basic earnings per share from continuing operations was KRW 204 compared to basic loss per share from continuing operations of KRW 160 a year ago. Basic earnings per share was KRW 201 compared to basic loss per share of KRW 193 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. 
