NTels Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 01:50 am EDT
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nTels Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was KRW 8,819.87 million compared to KRW 10,500.97 million a year ago. Net loss was KRW 998.68 million compared to KRW 1,004.23 million a year ago. Basic loss per share from continuing operations was KRW 101 compared to KRW 101 a year ago. Basic loss per share was KRW 101 compared to KRW 101 a year ago.
For the six months, sales was KRW 17,745.98 million compared to KRW 21,214.15 million a year ago. Net loss was KRW 2,308.73 million compared to KRW 1,339.61 million a year ago. Basic loss per share from continuing operations was KRW 233 compared to KRW 135 a year ago. Basic loss per share was KRW 233 compared to KRW 135 a year ago.
nTels Co., Ltd. is a Korea-based company engaged in the provision of software solutions for wire- and wireless-communications and broadcasting service areas. Its product portfolio consists of operations support systems used for services opening, accounts collection, gateways and analysis under the brand names of N-Mediator, N-Mediator, IMS, CGF, N-Activator, N-PSG; business support systems used for customer information and product information management, calculations and account data under the brand names of N-Rater, N-CCBS, N-PPS and others, and service platforms used for content management and user identification under brand names of W2CSP and N-Diameter. It is also engaged in the provision of convergence solution services.