Sangsangin Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 16, 2022 at 04:20 am EDT
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Sangsangin Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was KRW 189,775.49 million compared to KRW 173,718.86 million a year ago. Net income was KRW 18,929.4 million compared to KRW 37,750.64 million a year ago. Basic earnings per share from continuing operations was KRW 346 compared to KRW 690 a year ago. Diluted earnings per share from continuing operations was KRW 344 compared to KRW 690 a year ago. Basic earnings per share was KRW 346 compared to KRW 690 a year ago. Diluted earnings per share was KRW 344.
For the six months, sales was KRW 12,038.57 million compared to KRW 12,831.23 million a year ago. Net income was KRW 53,652.59 million compared to KRW 52,347.97 million a year ago. Basic earnings per share from continuing operations was KRW 980 compared to KRW 957 a year ago. Diluted earnings per share from continuing operations was KRW 975 compared to KRW 957 a year ago. Basic earnings per share was KRW 980 compared to KRW 957 a year ago. Diluted earnings per share was KRW 975.
Sangsangin Co., Ltd., formerly Texcell-Netcom Co., Ltd., is a Korea-based company mainly engaged in the provision of network solutions. The Company operates its business through three main divisions: communication division, information service division and financial division. Its communication division provides network equipment, design and construction of network system services, as well as maintenance services. Its information service division provides digital contents, such as movies, broadcasting programs, videos and others. Its financial division provides financial services. The Company also provides relays, which are used as core components for household appliances, industrial equipment, communication equipment and others.
SANGSANGIN CO., LTD. 
