KEYEAST.Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 16, 2022 at 03:38 am EDT
Share
KEYEAST.Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported negative sales was KRW 0.00047 million compared to KRW 0.00049 million a year ago. Net income was KRW 310.87 million compared to net loss of KRW 2,344.22 million a year ago.
Basic earnings per share from continuing operations was KRW 17 compared to basic loss per share from continuing operations of KRW 134 a year ago. Diluted loss per share from continuing operations was KRW 7 compared to KRW 134 a year ago. Basic earnings per share was KRW 17 compared to basic loss per share of KRW 134 a year ago.
KEYEAST Co., Ltd. is a Korea-based company engaged in the entertainment business. The Company engages in the management of recruiting new and top actors and brand marketing of actors; planning, manufacture and sale of the value added products based on Korean dramas and movies with affiliated artists through merchandising and licensing business; production and planning of dramas, movies, music and other culture contents as well as provision of contents through media platforms; investment of dramas and movies, and planning and conducting of events, such as performances, exhibitions and conventions. On August 27, 2012, the Company established a new wholly owned subsidiary, which is mainly engaged in the producing of drama and broadcasting contents.