CITECH Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 16, 2022 at 01:19 am EDT
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CITECH Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was KRW 164.11 million compared to KRW 150.49 million a year ago. Net income was KRW 3,701.77 million compared to net loss of KRW 4,587.63 million a year ago. Basic earnings per share from continuing operations was KRW 94 compared to basic loss per share from continuing operations of KRW 188 a year ago. Basic earnings per share was KRW 94 compared to basic loss per share of KRW 188 a year ago.
CITECH CO.,LTD, formerly SAMYUNG HOLDINGS CO., LTD is a company primarily engaged in the system integration (SI) business. Along with subsidiaries, the Company operates its business through two segments. The Information Technology (IT) Business segment is mainly involved in the development, manufacturing and sale of unmanned automatic certificate issuing machine, and the development and supply of book management system. The Other Distribution and Leasing Business segment is mainly engaged in the distribution of IT related equipments and the leasing of real estates.