Leenos Corp. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 12, 2021 at 01:58 am EST
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Leenos Corp. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported negative sales was KRW 0.00007 million compared to sales of KRW 0.00068 million a year ago. Net loss was KRW 957.31 million compared to KRW 721.87 million a year ago. Basic loss per share from continuing operations was KRW 20.9524 compared to KRW 16.3266 a year ago. Diluted loss per share from continuing operations was KRW 20.9524 compared to KRW 16.3266 a year ago. Basic loss per share was KRW 20.9524 compared to KRW 17.1429 a year ago.
For the nine months, sales was KRW 14,227.45 million compared to negative sales of KRW 0.00017 million a year ago. Net income was KRW 141.39 million compared to net loss of KRW 3,207.59 million a year ago. Basic earnings per share from continuing operations was KRW 2.8571 compared to basic loss per share from continuing operations of KRW 71.6553 a year ago. Diluted earnings per share from continuing operations was KRW 2.8571 compared to diluted loss per share from continuing operations of KRW 71.6553 a year ago. Basic earnings per share was KRW 2.8571 compared to basic loss per share of KRW 75.2381 a year ago.
Polaris AI Corp, formerly Leenos Corp, is a Korea-based company principally engaged in the distribution of casual bags and provision of communication equipment solutions. The Company operates its business through two segments. The Fashion and Culture (F&C) segment mainly distributes women's casual bags under the brand name of Kipling and backpacks under the brand of EASTPAK. The Information Technology (IT) segment mainly provides system construction, IT consulting and maintenance services for public security, transportation institutions, financial and wireless communication industries. The Company also engages in the real estate leasing business. The Company mainly distributes its bags products through department stores, duty free stores and outlets.
POLARIS AI CORP. 
