Connectwave Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 08:06 am
Share
Connectwave Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was KRW 113,436.1 million compared to KRW 126,561 million a year ago. Net income was KRW 3,402.81 million compared to net loss of KRW 2,284.07 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 68 a year ago. Diluted earnings per share from continuing operations was KRW 86 compared to diluted loss per share from continuing operations of KRW 68 a year ago. Basic earnings per share was KRW 86 compared to basic loss per share of KRW 68 a year ago.
For the six months, sales was KRW 7,806.57 million compared to KRW 6,135.1 million a year ago. Net income was KRW 8,716.91 million compared to KRW 1,150.1 million a year ago. Basic earnings per share from continuing operations was KRW 219 compared to KRW 40 a year ago. Diluted earnings per share from continuing operations was KRW 219 compared to KRW 40 a year ago. Basic earnings per share was KRW 219 compared to KRW 40 a year ago.
ConnectWave Co Ltd, formerly DANAWA Co., Ltd, is a Korea-based company mainly engaged in the operation of online price comparison Websites. The Company operates its business through two segments. The Danawa Business segment is engaged in the provision of affiliated shopping, advertising and information services. It is also engaged in the wholesale of computer peripheral products such as cases, power supplies and others. The DPGZone Business segment is engaged in the development of online sports platforms and others.
CONNECTWAVE CO., LTD. 
