CITECH Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 15, 2021 at 05:12 am
Share
CITECH Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was KRW 179.9 million compared to KRW 134.82 million a year ago. Net loss was KRW 2,077.9 million compared to net income of KRW 5,518.82 million a year ago. Basic loss per share from continuing operations was KRW 53. Basic loss per share was KRW 53 compared to basic earnings per share of KRW 240 a year ago.
For the nine months, sales was KRW 507.26 million compared to KRW 532.68 million a year ago. Net loss was KRW 11,084.49 million compared to KRW 1,402.07 million a year ago. Basic loss per share was KRW 337 compared to KRW 66 a year ago.
CITECH CO.,LTD, formerly SAMYUNG HOLDINGS CO., LTD is a company primarily engaged in the system integration (SI) business. Along with subsidiaries, the Company operates its business through two segments. The Information Technology (IT) Business segment is mainly involved in the development, manufacturing and sale of unmanned automatic certificate issuing machine, and the development and supply of book management system. The Other Distribution and Leasing Business segment is mainly engaged in the distribution of IT related equipments and the leasing of real estates.