PANACEA Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was KRW 50.2 million compared to negative sales of KRW 15.24 million a year ago. Net loss was KRW 1,001.08 million compared to KRW 2,368.77 million a year ago. Basic loss per share from continuing operations was KRW 52 compared to basic earnings per share from continuing operations of KRW 2 a year ago. Basic loss per share was KRW 52 compared to KRW 131 a year ago.
For the six months, sales was KRW 136.98 million compared to KRW 114.75 million a year ago. Net loss was KRW 1,570.21 million compared to KRW 1,751.56 million a year ago. Basic loss per share from continuing operations was KRW 84 compared to basic earnings per share from continuing operations of KRW 36 a year ago. Basic loss per share was KRW 84 compared to KRW 97 a year ago.