Sejong Telecom, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 01:11 pm IST
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Sejong Telecom, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was KRW 87,680.89 million compared to KRW 80,150.03 million a year ago. Net loss was KRW 1,354.79 million compared to KRW 16,450.52 million a year ago. Basic loss per share from continuing operations was KRW 5 compared to KRW 59 a year ago. Basic loss per share was KRW 5 compared to KRW 59 a year ago.
For the nine months, negative sales was KRW 0.00021 million compared to KRW 0.00001 million a year ago. Net income was KRW 38,459.94 million compared to net loss of KRW 23,425.07 million a year ago. Basic earnings per share from continuing operations was KRW 147 compared to basic loss per share from continuing operations of KRW 55 a year ago. Basic earnings per share was KRW 147 compared to basic loss per share of KRW 55 a year ago.
Sejong Telecom, Inc, formerly Onse telecom Corporation is a Korea-based company specialized in the provision of integrated communication services. The Company operates its business through three divisions: communication division, which provides telecommunication services such as international calling services, domestic calling services, wireless Internet services, Internet data center (IDC) services, data services and voice over Internet protocol (VoIP) services; system integration (SI) division, which provides SI services for information and communication network works, and product division, which distribute radio products.