SBI FinTech Solutions Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2021
February 14, 2022 at 07:20 am IST
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SBI FinTech Solutions Co., Ltd. reported earnings results for the third quarter and nine months ended December 31, 2021. For the third quarter, the company reported net loss was KRW 150.33 million compared to net income of KRW 5,259.43 million a year ago. Basic loss per share from continuing operations was KRW 6.5177 compared to basic earnings per share from continuing operations of KRW 221.4353 a year ago. Diluted loss per share from continuing operations was KRW 6.5177 compared to diluted earnings per share from continuing operations of KRW 219.8536 a year ago. Basic loss per share was KRW 6.5177 compared to basic earnings per share of KRW 217.2175 a year ago. Diluted loss per share was KRW 6.5177 compared to diluted earnings per share of KRW 215.7412 a year ago.
For the nine months, net income was KRW 646.43 million compared to KRW 10,006.87 million a year ago. Basic earnings per share from continuing operations was KRW 27.9328 compared to KRW 399.0053 a year ago. Diluted earnings per share from continuing operations was KRW 27.8294 compared to KRW 396.3691 a year ago. Basic earnings per share was KRW 27.9328 compared to KRW 413.3458 a year ago. Diluted earnings per share was KRW 27.8294 compared to KRW 410.6043 a year ago.
SBI FinTech Solutions Co Ltd is a Japan-based comprehensive fintech solutions company that operates payment service business, software as a back-office service (SaaS) business, and international remittance business. The Company operates in three business segments. The Payment Service segment is engaged in the provision of online payment service, terminal payment service for stores, and various financial services centered on factoring. The Back-Office SaaS segment is engaged in the provision of back-office support services such as the cloud-based invoice management system SEIKYU QUICK, the expense settlement system KEIHI BANK, and the approval system SHONIN TIME, as well as security service. The International Remittance segment is engaged in the provision of international remittance services.
SBI FINTECH SOLUTIONS CO., LTD. 
