NTels Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 02:09 am EST
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nTels Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was KRW 10,784.17 million compared to KRW 13,335.72 million a year ago. Net loss was KRW 297.46 million compared to net income of KRW 248.94 million a year ago. Basic loss per share from continuing operations was KRW 30 compared to basic earnings per share from continuing operations of KRW 25 a year ago. Basic loss per share was KRW 30 compared to basic earnings per share of KRW 25 a year ago.
For the nine months, sales was KRW 28,530.15 million compared to KRW 34,549.86 million a year ago. Net loss was KRW 2,606.18 million compared to KRW 1,090.67 million a year ago. Basic loss per share from continuing operations was KRW 263 compared to KRW 110 a year ago. Basic loss per share was KRW 263 compared to KRW 110 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.
NTELS CO., LTD. 
