CJ ENM CO., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2023
May 15, 2023 at 03:32 am EDT
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CJ ENM CO., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was KRW 2,313.58 million compared to KRW 2,169.77 million a year ago. Net loss was KRW 68,656.12 million compared to net income of KRW 6,741.57 million a year ago.
Basic loss per share from continuing operations was KRW 3,312 compared to basic earnings per share from continuing operations of KRW 325 a year ago. Diluted loss per share from continuing operations was KRW 3,312 compared to diluted earnings per share from continuing operations of KRW 325 a year ago. Basic loss per share was KRW 3,312 compared to basic earnings per share of KRW 325 a year ago.
CJ ENM Co Ltd, formerly CJ O Shopping Co Ltd, is a Korea-based company engaged in home shopping and catalogue sales business. The company operates its business through four segments. The Media Business segment provides broadcasting services through broadcasting channels such as TVN, OCN, and channel (CH) CGV, and sells broadcasting contents. The Commerce Business segment sells men's and women's underwear and apparel, accessories, bedding, electronics, cosmetics, sporting goods, furniture, household goods, kitchenware, food, and mobile phones through cable television home shopping networks, mail order, and the Internet. The Film and Performance Business segment is engaged in the production, distribution, and investment of movies, and operates the performance business. The Music Business segment is engaged in music production and distribution business.
CJ ENM CO., LTD. 
