M-Venture Investment, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 03:26 am EST
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M-Venture Investment, Inc. 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 714.96 million compared to KRW 4,330.3 million a year ago. Basic earnings per share from continuing operations was KRW 6 compared to KRW 53 a year ago. Diluted earnings per share from continuing operations was KRW 6 compared to KRW 53 a year ago. Basic earnings per share was KRW 6 compared to KRW 53 a year ago.
For the nine months, net loss was KRW 948.78 million compared to net income of KRW 7,907.47 million a year ago. Basic loss per share from continuing operations was KRW 9 compared to basic earnings per share from continuing operations of KRW 98 a year ago. Diluted loss per share from continuing operations was KRW 9 compared to diluted earnings per share from continuing operations of KRW 98 a year ago. Basic loss per share was KRW 9 compared to basic earnings per share of KRW 98 a year ago.
M-VENTURE INVESTMENT, INC. is a Korea-based venture capital firm. The Company provides investment services, including stock subscription, acquisition of convertible bonds or bonds with warrants, as well as project financing services. It also provides consulting services, including start-up-related business consulting and information services, as well as business advice services to start-up founders; research services for the review of business feasibility; setup and operation of a business incubation center; legal advice, tax information and marketing support services to investee companies, and consulting and advice services regarding corporate mergers or acquisitions, sale of assets and divestitures services. In addition, it provides corporate restructuring services.