Kona I Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 10, 2023 at 02:29 am EST
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Kona I 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 0.00017 million compared to KRW 0.00017 million a year ago. Net income was KRW 7,058.42 million compared to KRW 12,109.93 million a year ago. Basic earnings per share from continuing operations was KRW 538 compared to KRW 893 a year ago. Diluted earnings per share from continuing operations was KRW 538 compared to KRW 893 a year ago. Basic earnings per share was KRW 538 compared to KRW 893 a year ago.
For the nine months, negative sales was KRW 0.00015 million compared to sales of KRW 0.0001 million a year ago. Net income was KRW 25,246.27 million compared to KRW 33,833.62 million a year ago. Basic earnings per share from continuing operations was KRW 1,909 compared to KRW 2,439 a year ago. Diluted earnings per share from continuing operations was KRW 1,909 compared to KRW 2,438 a year ago. Basic earnings per share was KRW 1,909 compared to KRW 2,439 a year ago.
KONA I CO.,LTD. is a Korea-based company engaged in the development and provision of smart cards and related products. The Company provides various smart cards, including universal subscriber identity module (USIM) cards, integrated circuit (IC) chip cards, health cards, national identification cards, electronic passport cards and others. The Company provides its smart cards under the brand names of Kona and Mybi. The Company also provides chip on board (COB) assemblies used to manufacture smart cards. In addition, it develops smart card management systems, and provides system integration (SI) and maintenance services. On April 24, 2013, the Company changed its name from KONA@I CO.,LTD. to KONA I CO.,LTD. On September 2, 2013, it merged with its wholly owned subsidiary, engaged in the software development and card sales.
KONA I CO.,LTD. 
