Insung Information Co., Ltd Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 01:17 am EDT
Share
Insung Information 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 92,048.09 million compared to KRW 66,095.39 million a year ago. Net income was KRW 577.99 million compared to net loss of KRW 989.5 million a year ago. Basic earnings per share from continuing operations was KRW 15 compared to basic loss per share from continuing operations of KRW 25 a year ago. Diluted earnings per share from continuing operations was KRW 15 compared to diluted loss per share from continuing operations of KRW 25 a year ago. Basic earnings per share was KRW 15 compared to basic loss per share of KRW 25 a year ago.
For the six months, sales was KRW 161,167.3 million compared to KRW 130,776.92 million a year ago. Net loss was KRW 3,264.33 million compared to KRW 2,222.91 million a year ago. Basic loss per share from continuing operations was KRW 84 compared to KRW 57 a year ago. Diluted loss per share from continuing operations was KRW 84 compared to KRW 57 a year ago. Basic loss per share was KRW 84 compared to KRW 57 a year ago.
INSUNG INFORMATION CO., LTD is a Korea-based company mainly engaged in the information technology (IT) infrastructure and solutions services. The Company mainly operates in four business divisions: IT infrastructure division, which provides network equipment and solutions for network construction and maintenance; network equipment wholesale division, which provides network equipment and automatic identification (Auto ID) equipment; software wholesale division, which mainly provides commercial software, and ubiquitous health (U-health) division, which provides medical equipment and contents for general medical information services under the brand name HICARE and others. It also provides security control services.
INSUNG INFORMATION CO., LTD 
