SBI FinTech Solutions Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2022
February 14, 2023 at 07:01 am IST
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SBI FinTech Solutions Co., Ltd. reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported net income was KRW 1,792.63 million compared to net loss of KRW 150.33 million a year ago. Basic earnings per share from continuing operations was KRW 77.38 compared to KRW 35.26 a year ago. Diluted earnings per share from continuing operations was KRW 77.38 compared to KRW 35.05 a year ago. Basic earnings per share was KRW 77.38 compared to basic loss per share of KRW 6.55 a year ago. Diluted earnings per share was KRW 77.38 compared to diluted loss per share of KRW 6.55 a year ago.
For the nine months, net income was KRW 2,363.8 million compared to KRW 646.43 million a year ago. Basic earnings per share from continuing operations was KRW 102.6 compared to KRW 64.9 a year ago. Diluted earnings per share from continuing operations was KRW 102.6 compared to KRW 64.49 a year ago. Basic earnings per share was KRW 102.6 compared to KRW 28.04 a year ago. Diluted earnings per share was KRW 102.6 compared to KRW 27.94 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. 
