Ascendio Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was KRW 934.64 million compared to KRW 6,126.72 million a year ago. Net loss was KRW 2,190.07 million compared to net income of KRW 442.98 million a year ago.

Basic loss per share from continuing operations was KRW 27 compared to basic earnings per share from continuing operations of KRW 7 a year ago. Diluted loss per share from continuing operations was KRW 27 compared to diluted earnings per share from continuing operations of KRW 7 a year ago.