CJ ENM CO., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 02:14 am EST
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CJ ENM 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 2,313.36 million compared to KRW 2,252.83 million a year ago. Net loss was KRW 40,653.88 million compared to KRW 54,889.19 million a year ago. Basic loss per share from continuing operations was KRW 1,961 compared to KRW 2,648 a year ago. Diluted loss per share from continuing operations was KRW 1,961 compared to KRW 2,648 a year ago. Basic loss per share was KRW 1,961 compared to KRW 2,648 a year ago.
For the nine months, sales was KRW 7,036.74 million compared to KRW 6,755.2 million a year ago. Net loss was KRW 206,380.22 million compared to KRW 72,030.91 million a year ago. Basic loss per share from continuing operations was KRW 9,956 compared to KRW 3,475 a year ago. Diluted loss per share from continuing operations was KRW 9,956 compared to KRW 3,475 a year ago. Basic loss per share was KRW 9,956 compared to KRW 3,475 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. 
