PANACEA Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was KRW 43.2 million compared to KRW 48.97 million a year ago. Net loss was KRW 1,192.48 million compared to KRW 322.68 million a year ago. Basic loss per share from continuing operations was KRW 60 compared to KRW 6 a year ago. Basic loss per share was KRW 60 compared to KRW 20 a year ago.
For the nine months, sales was KRW 1,688.79 million compared to KRW 163.72 million a year ago. Net loss was KRW 2,762.69 million compared to KRW 2,074.24 million a year ago. Basic loss per share from continuing operations was KRW 144 compared to basic earnings per share from continuing operations of KRW 31 a year ago. Basic loss per share was KRW 144 compared to KRW 18 a year ago.