Cloud Air Co.,Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 16, 2022 at 04:06 am
Share
Cloud Air Co.,Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was KRW 0.5955 million compared to KRW 343.99 million a year ago. Net income was KRW 4,331.09 million compared to net loss of KRW 199.58 million a year ago. Basic earnings per share from continuing operations was KRW 71 compared to basic loss per share from continuing operations of KRW 4 a year ago. Basic earnings per share was KRW 71 compared to basic loss per share of KRW 4 a year ago.
For the six months, sales was KRW 1.28 million compared to KRW 487.73 million a year ago. Net income was KRW 5,151.65 million compared to net loss of KRW 185.53 million a year ago. Basic earnings per share from continuing operations was KRW 86 compared to basic loss per share from continuing operations of KRW 4 a year ago. Basic earnings per share was KRW 86 compared to basic loss per share of KRW 4 a year ago.
Cloud Air Co Ltd, formerly Livefinancial Co Ltd, is a Korea-based company principally engaged in the manufacture and sale of light emitting diode (LED). The Company operates its business through three segments. The LED Business segment produces LED used for automobiles and lighting. It also engages in the business of real estate rental. The Investment Advisory Business segment provides services related to management consulting. The Fintech Business segment engages in fintech platform and service related business.