Ascendio Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 03:31 am EST
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Ascendio Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was KRW 5,242.85 million compared to KRW 3,828.45 million a year ago. Net loss was KRW 2,452.03 million compared to KRW 1,227.26 million a year ago. Basic loss per share from continuing operations was KRW 30 compared to KRW 19 a year ago. Diluted loss per share from continuing operations was KRW 30 compared to KRW 19 a year ago. Basic loss per share was KRW 30 compared to KRW 19 a year ago.
For the nine months, sales was KRW 2,788.16 million compared to KRW 2,746.86 million a year ago. Net loss was KRW 5,946.85 million compared to KRW 3,049.46 million a year ago. Basic loss per share from continuing operations was KRW 74 compared to KRW 48 a year ago. Diluted loss per share from continuing operations was KRW 74 compared to KRW 48 a year ago. Basic loss per share was KRW 74 compared to KRW 48 a year ago.
Ascendio Co Ltd, formerly Kiwi Media Group Co Ltd, is a Korea-based company principally engaged in the content business. The Company operates its business through six segments. The Film Business segment is engaged in film production, investment and distribution. The Drama Business segment is engaged in the production and investment of contents such as dramas and others. The Video Business segment is engaged in closed circuit television (CCTV) manufacturing and installation, and software development. The Management Business segment provides services such as artist management and others. The Performance Business segment is engaged in planning and producing performances such as musicals and others. The Other segment provides services such as advertisements and sponsorships, among others.
ASCENDIO CO., LTD. 
