The E&M Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 10, 2023 at 12:47 pm IST
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The E&M Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was KRW 32.25 million compared to KRW 29.69 million a year ago. Net loss was KRW 7,986.68 million compared to KRW 2,740.48 million a year ago. Basic loss per share from continuing operations was KRW 430 compared to KRW 160 a year ago. Diluted loss per share from continuing operations was KRW 430 compared to KRW 160 a year ago. Basic loss per share was KRW 430 compared to KRW 160 a year ago.
For the nine months, sales was KRW 96.75 million compared to KRW 74.64 million a year ago. Net loss was KRW 16,438.54 million compared to KRW 7,145.83 million a year ago. Basic loss per share from continuing operations was KRW 890 compared to KRW 410 a year ago. Diluted loss per share from continuing operations was KRW 890 compared to KRW 410 a year ago. Basic loss per share was KRW 890 compared to KRW 410 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.