YG Plus, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 11, 2023 at 04:30 am EDT
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YG Plus, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was KRW 0.00001 million compared to KRW 0.00001 million a year ago. Net income was KRW 7,202.2 million compared to net loss of KRW 166.73 million a year ago. Basic earnings per share from continuing operations was KRW 114 compared to KRW 40 a year ago. Basic earnings per share was KRW 114 compared to basic loss per share of KRW 3 a year ago. Diluted earnings per share was KRW 114.
For the six months, sales was KRW 0.00002 million compared to KRW 0.00002 million a year ago. Net income was KRW 16,254.66 million compared to KRW 6,204 million a year ago. Basic earnings per share from continuing operations was KRW 263 compared to KRW 107 a year ago. Basic earnings per share was KRW 257 compared to KRW 98 a year ago.
YG PLUS, INC, formerly PHOENIX HOLDINGS INC, is a Korea-based advertising agency. Along with its affiliated companies, the Company operates two categories of businesses: advertisement production business and media agency business. Its advertisement production business creates advertisements for its clients. Its media agency business publishes and broadcasts advertisements through mass media such as televisions (TVs), radios, newspapers, magazines, new media, such as cable TVs and Internet, as well as outdoor billboards, subways, buses and theaters. The Companyâs clients include COCACOLA, SK Telecom, THE FACE SHOP and others.
YG PLUS, INC. 
