Korea New Network Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 13, 2022 at 09:39 pm EST
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Korea New Network Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was KRW 16,210.59 million compared to KRW 16,698.11 million a year ago. Net income was KRW 1,239.96 million compared to KRW 2,674.12 million a year ago. Basic earnings per share from continuing operations was KRW 9 compared to KRW 20 a year ago. Diluted earnings per share from continuing operations was KRW 9 compared to KRW 20 a year ago. Basic earnings per share was KRW 9 compared to KRW 20 a year ago.
For the nine months, sales was KRW 44,653.24 million compared to KRW 44,351.79 million a year ago. Net income was KRW 5,932.95 million compared to KRW 7,479.25 million a year ago. Basic earnings per share from continuing operations was KRW 45 compared to KRW 56 a year ago. Diluted earnings per share from continuing operations was KRW 45 compared to KRW 56 a year ago. Basic earnings per share was KRW 45 compared to KRW 56 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. 
