Softcen Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 12:09 pm IST
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Softcen Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was KRW 8,788.8 million compared to KRW 8,300.47 million a year ago. Net loss was KRW 5,305.72 million compared to net income of KRW 5,696.54 million a year ago. Basic loss per share from continuing operations was KRW 55 compared to basic earnings per share from continuing operations of KRW 59 a year ago. Diluted loss per share from continuing operations was KRW 55 compared to diluted earnings per share from continuing operations of KRW 39 a year ago. Basic loss per share was KRW 55 compared to basic earnings per share of KRW 59 a year ago.
For the six months, sales was KRW 15,742.74 million compared to KRW 15,829.93 million a year ago. Net loss was KRW 6,443 million compared to net income of KRW 4,902.98 million a year ago. Basic loss per share from continuing operations was KRW 68 compared to basic earnings per share from continuing operations of KRW 52 a year ago. Diluted loss per share from continuing operations was KRW 68 compared to diluted earnings per share from continuing operations of KRW 35 a year ago. Basic loss per share was KRW 68 compared to basic earnings per share of KRW 52 a year ago.
SOFTCEN CO., LTD., formerly BTC KOREA Co.,Ltd., is a Korea-based company mainly engaged in the provision of hardware and software. The Company operates its business through solution, light crystal display (LCD) monitor and light emitting diode (LED) power saving lighting segments. Its solution segment involves in the provision of computers, computer peripherals and software of IBM, T-max and others. Its LCD monitor segment engages in the manufacture of LCD monitors used for computers, video players, gaming devices and other display devices. Its LED power saving lighting segment produces LED lights under the brand name L-STATION, which are used as dimmers and others. It also engages in real estate rental.