CJ ENM : Forecast on Business Performance according to Consolidated Financial Statements(Fair Disclosure)
February 10, 2022 at 02:00 am EST
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Forecast on Business Performance according to Consolidated Financial Statements(Fair Disclosure)
※ The followings are the estimates, not final figures.
1. Details of forecasted Information
Classification(unit : bil. KRW)
2022
Fiscal Year
2023
Fiscal Year
2024
Fiscal Year
Forecast Period
From
2022-01-01
-
-
To
2022-12-31
-
-
Sales Amount
4,300
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-
Operating Income
270
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-
Profit from continuing operation before corporate income tax
-
-
-
Net Income
-
-
-
-
-
-
-
2. Basis for Forecast or Estimation
- Industry forecasts
- Internal business projections
3. Details of Information Released
Information Provider
IR Department
Information Recipients
Domestic/foreign shareholders, analysts, proxy advisors, and others
Date & Time of Information Released
4:00pm(KST) February 10, 2022
Title and Place of Event held
4Q21 CJ ENM Earnings Release Event
(Conference call, real-time internet access)
4. Contact Points
Disclosure Officer (tel.)
Chunkyu Park (+822-371-5501)
Disclosure Staff (tel.)
Kay Choi (+822-371-5501)
Dept. Name (tel.)
IR Department (+822-371-5501)
5. Other references concerning investment decisions
1. Above-mentioned earnings and industry forecasts are projected based on our management's strategies, investment plans, and business environment.
2. The forecasts herein are forward-looking, and by their nature, involve risks and uncertainties. Thus, actual results may differ from those expressed in this disclosure, depending on factors including macro-economic conditions and business environment.
3. CJ ENM is to set about 860 bil. KRW for its content production budget for FY2022, and forcasted EBITDA is 885 bil. KRW.
4. Related IR material will be uploaded on our website(www.cjenm.com) following the fair disclosure.
※Title and date of other disclosure related to this one
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Disclaimer
CJ ENM Co. Ltd. published this content on 10 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 February 2022 06:59:02 UTC.
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. 
