Satrec Initiative Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was KRW 23,940.4 million compared to KRW 18,040.33 million a year ago. Net loss was KRW 14,667.9 million compared to net income of KRW 1,669.82 million a year ago.

Basic loss per share from continuing operations was KRW 1,626 compared to basic earnings per share from continuing operations of KRW 186 a year ago. Diluted loss per share from continuing operations was KRW 1,626 compared to diluted earnings per share from continuing operations of KRW 186 a year ago. Basic loss per share was KRW 1,626 compared to basic earnings per share of KRW 186 a year ago.