TOBESOFT Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 12:06 pm IST
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TOBESOFT 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 9,708.58 million compared to KRW 10,361.73 million a year ago. Net loss was KRW 1,996.33 million compared to KRW 1,927.26 million a year ago. Basic loss per share from continuing operations was KRW 5.4 compared to KRW 8.8 a year ago. Basic loss per share was KRW 5.4 compared to KRW 8.8 a year ago.
For the nine months, sales was KRW 12,564.14 million compared to KRW 10,670.03 million a year ago. Net loss was KRW 5,317.91 million compared to KRW 10,150.49 million a year ago. Basic loss per share from continuing operations was KRW 14.4 compared to KRW 48.4 a year ago. Basic loss per share was KRW 14.4 compared to KRW 48.4 a year ago.
TOBESOFT Co., Ltd. is a Korea-based company engaged in the development, supply and consulting of software. The Companyâs products include Miplatform series, which provide integrated wired and wireless development and operation environment, XPLATFORM series, which are user interface (UI) development platforms based on rich Internet applications (RIAs), as well as X series platforms. It is also involved in the provision of repair and maintenance services for its products. The Companyâs main clients are Samsung SDS, Hyundai AutoEver and others. On February 7, 2014, the Company sold its entire shares of a wholly owned subsidiary, TOBESOFT JAPAN Co.,Ltd.