MegaStudy Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 03:41 am EST
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MegaStudy 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 11,405.47 million compared to KRW 11,741.81 million a year ago. Net income was KRW 4,747.26 million compared to KRW 5,063.9 million a year ago. Basic earnings per share from continuing operations was KRW 414 compared to KRW 427 a year ago. Basic earnings per share was KRW 414 compared to KRW 427 a year ago.
For the nine months, sales was KRW 34,124.56 million compared to KRW 31,797.58 million a year ago. Net income was KRW 16,373.54 million compared to KRW 15,760.98 million a year ago. Basic earnings per share from continuing operations was KRW 1,397 compared to KRW 1,329 a year ago. Basic earnings per share was KRW 1,397 compared to KRW 1,329 a year ago.
MegaStudy Co., Ltd is a Korea-based company mainly engaged in the online education business. The Company provides online education services through its portal sites www.megasuday.net, campus.megastudy.net and www.mbest.co.kr, which provide online educational contents, teaching materials, video on demand (VOD) contents and learning management consulting services for pre-university students and primary and middle school students. The Company also offers offline education services through its educational institutes. In addition, it provides education services to adults through online and off-line, as well as engages in the study material publishing business.
MEGASTUDY CO., LTD. 
