Topco Media Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 01:36 pm IST
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Topco Media 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 5,687.31 million compared to KRW 4,434.17 million a year ago. Net loss was KRW 2,863.09 million compared to net income of KRW 1,460.04 million a year ago. Basic loss per share from continuing operations was KRW 72 compared to basic earnings per share from continuing operations of KRW 31 a year ago. Diluted loss per share from continuing operations was KRW 72 compared to diluted earnings per share from continuing operations of KRW 31 a year ago. Basic loss per share was KRW 134 compared to basic earnings per share of KRW 115 a year ago. Diluted loss per share was KRW 134 compared to diluted earnings per share of KRW 115 a year ago.
For the nine months, sales was KRW 14,048.56 million compared to KRW 7,482.04 million a year ago. Net loss was KRW 10,425.03 million compared to net income of KRW 1,181.41 million a year ago. Basic loss per share from continuing operations was KRW 162 compared to KRW 46 a year ago. Diluted loss per share from continuing operations was KRW 162 compared to KRW 46 a year ago. Basic loss per share was KRW 521 compared to basic earnings per share of KRW 93 a year ago. Diluted loss per share was KRW 521 compared to diluted earnings per share of KRW 93 a year ago.
Topco Media Co Ltd is a Korea-based company is a Korea-based company principally engaged in the business of developing and manufacturing satellite broadcasting receivers. The Company mainly produces digital set-top boxes. The products are sold in Korea and exported to North America and Indonesia.