NTels Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 02:32 am EST
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nTels 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 13,335.72 million compared to KRW 12,587.58 million a year ago. Net income was KRW 248.94 million compared to KRW 1,134.08 million a year ago. Basic earnings per share from continuing operations was KRW 25 compared to KRW 113 a year ago. Basic earnings per share was KRW 25 compared to KRW 113 a year ago.
For the nine months, sales was KRW 34,549.86 million compared to KRW 33,585.49 million a year ago. Net loss was KRW 1,090.67 million compared to net income of KRW 816.14 million a year ago. Basic loss per share from continuing operations was KRW 110 compared to basic earnings per share from continuing operations of KRW 81 a year ago. Basic loss per share was KRW 110 compared to basic earnings per share of KRW 81 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.