Inscobee., Inc. Reports Earnings Results for the First Quarter Ended March 31, 2023
May 15, 2023 at 03:49 am EDT
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Inscobee., Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was KRW 767.16 million compared to KRW 138.46 million a year ago. Net loss was KRW 2,065.56 million compared to net income of KRW 152.04 million a year ago.
Basic loss per share from continuing operations was KRW 19 compared to basic earnings per share from continuing operations of KRW 1 a year ago. Basic loss per share was KRW 19 compared to basic earnings per share of KRW 1 a year ago.
Inscobee, formerly Contents And Pepole, Logistics Energy company,.LTD, is a Korea-based company mainly engaged in the wristwatch, automobile and smart grid businesses. The Company mainly operates in five business divisions: wristwatch division provides wristwatch products, including sports watches and watches for gifts under the brand names Odin and Dolphin; automobile division engages in the marketing of used cars; digital division provides computers and peripherals; smart grid division engages in the provision of automatic meter infrastructure (AMI) systems, and distribution division engages in the distribution of beverages under the brand name Tipco. The Company distributes its products within domestic market and to overseas markets.