CITECH Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 02:56 am EST
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CITECH 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 199.05 million compared to KRW 140.25 million a year ago. Net loss was KRW 1,704.49 million compared to KRW 380.49 million a year ago. Basic loss per share from continuing operations was KRW 35 compared to KRW 9 a year ago. Basic loss per share was KRW 35 compared to KRW 9 a year ago.
For the nine months, sales was KRW 586.31 million compared to KRW 480.64 million a year ago. Net loss was KRW 8,231.88 million compared to KRW 629.9 million a year ago. Basic loss per share from continuing operations was KRW 175 compared to KRW 16 a year ago. Basic loss per share was KRW 175 compared to KRW 16 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. 
