ICRAFT Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 12:37 am EST
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iCRAFT 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 7.8 million compared to KRW 7.55 million a year ago. Net income was KRW 698.63 million compared to net loss of KRW 2,211.82 million a year ago. Basic earnings per share from continuing operations was KRW 58 compared to basic loss per share from continuing operations of KRW 185 a year ago. Diluted earnings per share from continuing operations was KRW 58 compared to diluted loss per share from continuing operations of KRW 185 a year ago. Basic earnings per share was KRW 58 compared to basic loss per share of KRW 185 a year ago.
For the nine months, sales was KRW 23.52 million compared to KRW 23.4 million a year ago. Net income was KRW 2,377.01 million compared to net loss of KRW 3,403.9 million a year ago. Basic earnings per share from continuing operations was KRW 199 compared to basic loss per share from continuing operations of KRW 285 a year ago. Diluted earnings per share from continuing operations was KRW 199 compared to diluted loss per share from continuing operations of KRW 285 a year ago. Basic earnings per share was KRW 199 compared to basic loss per share of KRW 285 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. 
