YG Plus, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 01:27 am EST
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YG Plus, 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 0.00003 million compared to KRW 0.00002 million a year ago. Net income was KRW 5,718.77 million compared to KRW 2,960.48 million a year ago. Basic earnings per share from continuing operations was KRW 90 compared to KRW 42 a year ago. Diluted earnings per share from continuing operations was KRW 90. Basic earnings per share was KRW 90 compared to KRW 46 a year ago.
For the nine months, sales was KRW 0.00001 million compared to KRW 0.00001 million a year ago. Net income was KRW 21,973.43 million compared to KRW 9,164.48 million a year ago. Basic earnings per share from continuing operations was KRW 353 compared to KRW 149 a year ago. Basic earnings per share was KRW 347 compared to KRW 144 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.