Sangsangin Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 02:43 am EST
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Sangsangin Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was KRW 172,832.13 million compared to KRW 123,471.35 million a year ago. Net income was KRW 10,252.28 million compared to KRW 22,217.6 million a year ago. Basic earnings per share from continuing operations was KRW 187 compared to KRW 406 a year ago. Diluted earnings per share from continuing operations was KRW 187 compared to KRW 406 a year ago. Basic earnings per share was KRW 187 compared to KRW 406 a year ago.
For the nine months, sales was KRW 18,577.99 million compared to KRW 19,245.22 million a year ago. Net income was KRW 63,904.87 million compared to KRW 74,565.57 million a year ago. Basic earnings per share from continuing operations was KRW 1,168 compared to KRW 1,363 a year ago. Diluted earnings per share from continuing operations was KRW 1,168 compared to KRW 1,363 a year ago. Basic earnings per share was KRW 1,168 compared to KRW 1,363 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.
SANGSANGIN CO., LTD. 
