Korea Asset In Trust Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 13, 2022 at 09:43 pm EST
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Korea Asset In Trust Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported net income was KRW 28,931.45 million compared to KRW 23,828.57 million a year ago. Basic earnings per share from continuing operations was KRW 236 compared to KRW 195 a year ago. Basic earnings per share was KRW 236 compared to KRW 195 a year ago.
For the nine months, net income was KRW 86,306.99 million compared to KRW 78,893.92 million a year ago. Basic earnings per share from continuing operations was KRW 705 compared to KRW 645 a year ago. Diluted earnings per share from continuing operations was KRW 705. Basic earnings per share was KRW 705 compared to KRW 645 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.