Korea Asset In Trust Co., Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023 at 09:39 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, 2023. For the third quarter, the company reported net income was KRW 23,415.39 million compared to KRW 28,931.45 million a year ago. Basic earnings per share from continuing operations was KRW 191 compared to KRW 236 a year ago. Diluted earnings per share from continuing operations was KRW 191 compared to KRW 236 a year ago. Basic earnings per share was KRW 191 compared to KRW 236 a year ago.
For the nine months, net income was KRW 108,900.4 million compared to KRW 86,306.99 million a year ago. Basic earnings per share from continuing operations was KRW 890 compared to KRW 705 a year ago. Diluted earnings per share from continuing operations was KRW 890 compared to KRW 705 a year ago. Basic earnings per share was KRW 890 compared to KRW 705 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.