WIZ CORP, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 02:15 am EST
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WIZ CORP, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was KRW 300.15 million compared to KRW 298.1 million a year ago. Net loss was KRW 1,337.04 million compared to net income of KRW 238.29 million a year ago. Basic loss per share from continuing operations was KRW 21 compared to basic earnings per share from continuing operations of KRW 10 a year ago. Diluted loss per share from continuing operations was KRW 21 compared to diluted earnings per share from continuing operations of KRW 10 a year ago. Basic loss per share was KRW 21 compared to basic earnings per share of KRW 4 a year ago.
For the nine months, sales was KRW 886.1 million compared to KRW 875.24 million a year ago. Net income was KRW 544.28 million compared to net loss of KRW 280.11 million a year ago. Basic earnings per share from continuing operations was KRW 9 compared to KRW 11 a year ago. Diluted earnings per share from continuing operations was KRW 9 compared to KRW 11 a year ago. Basic earnings per share was KRW 9 compared to basic loss per share of KRW 4 a year ago.
WIZ CORP, Inc., formerly Wiz Information Technology Co., Ltd., is a Korea-based company mainly engaged in the operation of resting places. The Company operates in two business divisions: resting place division and information technology (IT) division. Its resting place division operates highway resting places and gas stations, providing food, beverages, liquefied petroleum gas (LPG) and others. Its IT division provides e-business infrastructure services and solutions, which include IT consulting and outsourcing, infrastructure building and management services; installation services for medium- and large-sized systems; electronic supply chain management (e-SCM) solutions; application management solutions; content management system solutions, as well as leasing of real estate and network equipment.