Connectwave Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 12:04 am EST
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Connectwave 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 110,556.11 million compared to KRW 123,890.26 million a year ago. Net income was KRW 12,716.23 million compared to KRW 1,828.11 million a year ago. Basic earnings per share from continuing operations was KRW 320 compared to KRW 52 a year ago. Diluted earnings per share from continuing operations was KRW 320 compared to KRW 52 a year ago. Basic earnings per share was KRW 320 compared to KRW 52 a year ago.
For the nine months, sales was KRW 11,751.87 million compared to KRW 10,093.93 million a year ago. Net income was KRW 21,433.14 million compared to KRW 2,978.21 million a year ago. Basic earnings per share from continuing operations was KRW 539 compared to KRW 97 a year ago. Diluted earnings per share from continuing operations was KRW 539 compared to KRW 97 a year ago. Basic earnings per share was KRW 539 compared to KRW 97 a year ago.
ConnectWave Co Ltd, formerly DANAWA Co., Ltd, is a Korea-based company mainly engaged in the operation of online price comparison Websites. The Company operates its business through two segments. The Danawa Business segment is engaged in the provision of affiliated shopping, advertising and information services. It is also engaged in the wholesale of computer peripheral products such as cases, power supplies and others. The DPGZone Business segment is engaged in the development of online sports platforms and others.
CONNECTWAVE CO., LTD. 
