Korea New Network Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 16, 2022 at 02:00 am EDT
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Korea New Network Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was KRW 5,659.29 million compared to KRW 5,347.38 million a year ago. Net income was KRW 3,531.58 million compared to KRW 3,924.8 million a year ago. Basic earnings per share from continuing operations was KRW 27 compared to KRW 30 a year ago. Diluted earnings per share from continuing operations was KRW 27 compared to KRW 30 a year ago. Basic earnings per share was KRW 27 compared to KRW 30 a year ago.
For the six months, sales was KRW 9,402 million compared to KRW 8,617.31 million a year ago. Net income was KRW 4,692.99 million compared to KRW 4,805.12 million a year ago. Basic earnings per share from continuing operations was KRW 35 compared to KRW 36 a year ago. Diluted earnings per share from continuing operations was KRW 35 compared to KRW 36 a year ago. Basic earnings per share was KRW 35 compared to KRW 36 a year ago.
KOREA NEW NETWORK Corporation is a Korea-based company engaged in the broadcasting business. The Company provides television (TV) broadcasting, radio broadcasting and broadcast advertisements. It provides network programs and self-organizing programs. Through its subsidiaries, it is also involved in the real estate leasing business, Internet broadcasting business, as well as operation of Internet food shopping mall through the portal site, www.woorimadang.com.
KOREA NEW NETWORK CO., LTD. 
