Chorokbaem Media Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 02:02 am EST
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Chorokbaem 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 50,522.97 million compared to KRW 38,803.37 million a year ago. Net income was KRW 22,495.52 million compared to net loss of KRW 5,464.1 million a year ago. Basic earnings per share from continuing operations was KRW 1,038 compared to basic loss per share from continuing operations of KRW 252 a year ago. Diluted earnings per share from continuing operations was KRW 932 compared to diluted loss per share from continuing operations of KRW 252 a year ago. Basic earnings per share was KRW 1,038 compared to basic loss per share of KRW 252 a year ago. Diluted earnings per share was KRW 932.
For the nine months, sales was KRW 4,433.94 million compared to KRW 4,082.6 million a year ago. Net income was KRW 28,167.53 million compared to KRW 6,067.33 million a year ago. Basic earnings per share from continuing operations was KRW 1,299 compared to KRW 280 a year ago. Diluted earnings per share from continuing operations was KRW 965 compared to diluted loss per share from continuing operations of KRW 112 a year ago. Basic earnings per share was KRW 1,299 compared to KRW 280 a year ago. Diluted earnings per share was KRW 965 compared to diluted loss per share of KRW 112 a year ago.
CHOROKBAEM MEDIA CO., LTD. is a Korea-based company principally engaged in the entertainment business. The Company operates its business through four segments. The Program Business segment produces television (TV) dramas. The segment also involves in the drama-related original soundtracks (OSTs), coloring, character goods, theme parks and others. The Management Business segment engages in the star discovery, production, planning, public relations, marketing, contents development and others. The Real Estate Business segment involves in the real estate lease business. The Investment Business segment engages in the securities investment business.
CHOROKBAEM MEDIA CO., LTD. 
