Korea Asset In Trust Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 17, 2022 at 02:50 am EDT
Share
Korea Asset In Trust Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported net income was KRW 27,275.18 million compared to KRW 29,744.83 million a year ago. Basic earnings per share from continuing operations was KRW 223 compared to KRW 243 a year ago. Basic earnings per share was KRW 223 compared to KRW 243 a year ago.
For the six months, net income was KRW 57,375.54 million compared to KRW 55,065.36 million a year ago. Basic earnings per share from continuing operations was KRW 469 compared to KRW 450 a year ago. Diluted earnings per share from continuing operations was KRW 469. Basic earnings per share was KRW 469 compared to KRW 450 a year ago.
Korea Asset In Trust Co., Ltd is a Korea-based company mainly engaged in the provision of real estate trust services. The Company mainly engaged in the construction business of the entrusted real estates and maintenance and management business of the buildings. The Company also engaged in the leasing and distribution of real estates and other business related to the development and management of real estates. The Company also provides real estate financial products including asset backed securities (ABSs), mortgages, collateralized bond obligations (CBOs) and others.