CITECH Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 16, 2022 at 01:33 am EDT
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CITECH 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 176.28 million compared to KRW 176.86 million a year ago. Net loss was KRW 3,951.17 million compared to KRW 4,418.96 million a year ago. Basic loss per share from continuing operations was KRW 100. Basic loss per share was KRW 100 compared to KRW 126 a year ago.
For the six months, sales was KRW 340.39 million compared to KRW 327.36 million a year ago. Net loss was KRW 249.41 million compared to KRW 9,006.6 million a year ago. Basic loss per share from continuing operations was KRW 6. Basic loss per share was KRW 6 compared to KRW 303 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.
CITECH CO., LTD. 
