NTels Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 16, 2022 at 03:11 am EDT
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nTels Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was KRW 10,500.97 million compared to KRW 12,229.79 million a year ago. Net loss was KRW 1,004.23 million compared to KRW 1,077.07 million a year ago. Basic loss per share from continuing operations was KRW 101 compared to KRW 107 a year ago. Basic loss per share was KRW 101 compared to KRW 107 a year ago.
For the six months, sales was KRW 21,214.15 million compared to KRW 20,997.91 million a year ago. Net loss was KRW 1,339.61 million compared to KRW 317.94 million a year ago. Basic loss per share from continuing operations was KRW 135 compared to KRW 32 a year ago. Basic loss per share was KRW 135 compared to KRW 32 a year ago.
N Tels Co Ltd is a Korea-based company principally engaged in the development and supply of system software. The Company is principally engaged in the development and supply of operation support system software for operators providing communication services, broadcasting services, Internet services, and Internet of Things (IoT) services. The Company is engaged in the provision of integrated operation support solutions related to service subscription, activation, customer management, product management, billing and settlement management that service providers must have in providing services.