Sangsangin Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 15, 2021 at 02:13 am EST
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Sangsangin Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was KRW 123,471.35 million compared to KRW 115,759.51 million a year ago. Net income was KRW 22,217.6 million compared to KRW 20,104.39 million a year ago. Basic earnings per share from continuing operations was KRW 406 compared to KRW 367 a year ago. Diluted earnings per share from continuing operations was KRW 406 compared to KRW 367 a year ago. Basic earnings per share was KRW 406 compared to KRW 367 a year ago.
For the nine months, sales was KRW 19,245.22 million compared to KRW 20,395.28 million a year ago. Net income was KRW 74,565.57 million compared to KRW 45,720.55 million a year ago. Basic earnings per share from continuing operations was KRW 1,363 compared to KRW 835 a year ago. Diluted earnings per share from continuing operations was KRW 1,363 compared to KRW 835 a year ago. Basic earnings per share was KRW 1,363 compared to KRW 835 a year ago.
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.