CITECH Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 01:51 am EST
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CITECH 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 140.25 million compared to KRW 179.9 million a year ago. Net loss was KRW 380.49 million compared to KRW 2,077.9 million a year ago. Basic loss per share from continuing operations was KRW 9 compared to KRW 53 a year ago. Basic loss per share was KRW 9 compared to KRW 53 a year ago.
For the nine months, sales was KRW 480.64 million compared to KRW 507.26 million a year ago. Net loss was KRW 629.9 million compared to KRW 11,084.49 million a year ago. Basic loss per share from continuing operations was KRW 16. Basic loss per share was KRW 16 compared to KRW 337 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. 
