CT property Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 04:31 am EDT
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CT property Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was KRW 2,108.81 million compared to KRW 1,988.87 million a year ago. Net income was KRW 126.01 million compared to net loss of KRW 418.16 million a year ago. Basic earnings per share from continuing operations was KRW 1 compared to basic loss per share from continuing operations of KRW 5 a year ago. Diluted earnings per share from continuing operations was KRW 1 compared to diluted loss per share from continuing operations of KRW 11 a year ago. Basic earnings per share was KRW 1 compared to basic loss per share of KRW 4 a year ago.
For the six months, sales was KRW 4,231.12 million compared to KRW 3,977.53 million a year ago. Net loss was KRW 3,400.8 million compared to KRW 6,032.01 million a year ago. Basic loss per share from continuing operations was KRW 29 compared to KRW 56 a year ago. Diluted loss per share from continuing operations was KRW 33 compared to KRW 60 a year ago. Basic loss per share was KRW 29 compared to KRW 54 a year ago. Diluted loss per share was KRW 33 compared to KRW 58 a year ago.
CT Property Co Ltd, formerly Chorokbaem Company Co Ltd, is a Korea-based company mainly engaged in the broadcasting businesses. The Company operates its business through nine segments. The Restaurant Business segment provides restaurant operation, convenience food development and sales services. The Management Business segment provides entertainment services. The Broadcasting Program Business segment provides broadcasting and video production services. The Glass Business segment sales architectural plate glass, windows, and sealants. The Chemical Business segment provides services for producing lithium ion batteries and lithium ion polymer batteries related to lithium secondary batteries. The Real Estate Rental Business segment engages in the building rental businesses. The Broadcasting Channel Business segment provides broadcasting program planning, production and sales services. The Investment Business segment engages in investment business and investment consulting businesses.