The E&M Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 12, 2021 at 01:28 pm IST
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The E&M Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported negative sales was KRW 0.00001 million compared to sales of KRW 52.03 million a year ago. Net loss was KRW 2,001.94 million compared to KRW 0.6637 million a year ago. Basic loss per share from continuing operations was KRW 12. Diluted loss per share from continuing operations was KRW 12 compared to KRW 2 a year ago. Basic loss per share was KRW 12.
For the nine months, sales was KRW 0.00001 million compared to KRW 197.5 million a year ago. Net loss was KRW 9,702.79 million compared to net income of KRW 1,365.97 million a year ago. Basic loss per share from continuing operations was KRW 57 compared to KRW 13 a year ago. Diluted loss per share from continuing operations was KRW 58 compared to KRW 18 a year ago. Basic loss per share was KRW 57 compared to basic earnings per share of KRW 11 a year ago. Diluted loss per share was KRW 58 compared to diluted earnings per share of KRW 6 a year ago.
THE E&M Co., Ltd. is a company mainly engaged in the provision of the Internet personal broadcasting platform. Along with subsidiaries, the Company operates its business through five segments. The Internet Business segment is involved in the provision of the Internet personal broadcasting platform. The Performance Planning segment is engaged in performance planning and agency business. The Mobile Messaging Business segment is engaged in provision of bulk messaging services including short message services (SMSs) and multimedia messaging services (MMSs). The News Media segment is engaged in Internet newspaper and Internet broadcasting business. The Music Content Business segment is engaged in the provision of databases and online information.