ICRAFT Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 01:58 am EST
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iCRAFT Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was KRW 7.55 million compared to KRW 7.92 million a year ago. Net loss was KRW 2,211.82 million compared to net income of KRW 422.3 million a year ago. Basic loss per share from continuing operations was KRW 185 compared to basic earnings per share from continuing operations of KRW 35 a year ago. Diluted loss per share from continuing operations was KRW 185 compared to diluted earnings per share from continuing operations of KRW 35 a year ago. Basic loss per share was KRW 185 compared to basic earnings per share of KRW 35 a year ago.
For the nine months, sales was KRW 23.4 million compared to KRW 15.85 million a year ago. Net loss was KRW 3,403.9 million compared to KRW 708.38 million a year ago. Basic loss per share from continuing operations was KRW 285 compared to KRW 59 a year ago. Diluted loss per share from continuing operations was KRW 285 compared to KRW 59 a year ago. Basic loss per share was KRW 285 compared to KRW 59 a year ago.
iCRAFT Co., Ltd. is a Korea-based company specialized in the provision of Internet network and system solutions. The Company's offerings include Internet core access network solutions, Internet infrastructure value services, wireless Internet services, large capacity data management solutions, Internet application solutions, integrated Internet security solutions, voice and data convergence solutions, traffic management and control services, next generation integrated authentication solutions, as well as domestic and overseas Internet service provider (ISP) network consulting services. It also sells related network and solution equipment such as routers.
ICRAFT CO., LTD. 
