Nice Information & Telecommunication, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2023
May 14, 2023 at 09:02 pm EDT
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Nice Information & Telecommunication, Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was KRW 0.00028 million compared to negative sales of KRW 0.00017 million a year ago. Net income was KRW 5,759.38 million compared to KRW 8,332.47 million a year ago.
Basic earnings per share from continuing operations was KRW 621 compared to KRW 889 a year ago. Diluted earnings per share from continuing operations was KRW 620. Basic earnings per share was KRW 621 compared to KRW 889 a year ago.
NICE INFORMATION & TELECOMMUNICATION INC. is a Korea-based company mainly engaged in the provision of integrated payment solutions through credit card value-added network (VAN) services. The Company mainly operates in two divisions: financial VAN service division, which provides authorization services for transactions by credit cards, check verification services, automatic replying system (ARS) authorization services and others, and payment gateway (PG) solution division, which offers Internet electronic payment software named NICE PAY. In addition, it is involved in the provision of value-added services and tax-point services, as well as manufacture and rental of credit card terminals such as point of sale (POS) terminals. On August 11, 2014, the Company sold its entire skate in NICE Information Service Co., Ltd. On August 11, 2014, it sold its entire skate in NICE Information Service Co., Ltd. On August 20, 2014, it sold its entire shares of NICE Holdings.
NICE INFORMATION & TELECOMMUNICATION, INC. 
