Korea Asset In Trust Co., Ltd Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 13, 2023 at 09:23 pm EDT
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Korea Asset In Trust Co., Ltd reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported net income was KRW 22,006.34 million compared to KRW 27,275.18 million a year ago. Basic earnings per share from continuing operations was KRW 180 compared to KRW 223 a year ago. Basic earnings per share was KRW 180 compared to KRW 223 a year ago.
For the six months, net income was KRW 85,485.01 million compared to KRW 57,375.54 million a year ago. Basic earnings per share from continuing operations was KRW 699 compared to KRW 469 a year ago. Diluted earnings per share from continuing operations was KRW 699. Basic earnings per share was KRW 699 compared to KRW 469 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.