Insung Information Co., Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 08:22 am
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Insung Information Co., Ltd reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was KRW 83,947.15 million compared to KRW 69,377.35 million a year ago. Net loss was KRW 838.77 million compared to KRW 1,012.1 million a year ago. Basic loss per share from continuing operations was KRW 22 compared to KRW 25 a year ago. Diluted loss per share from continuing operations was KRW 22 compared to KRW 25 a year ago. Basic loss per share was KRW 22 compared to KRW 25 a year ago.
For the nine months, sales was KRW 38,092.91 million compared to KRW 34,792.59 million a year ago. Net loss was KRW 4,103.09 million compared to KRW 3,235.01 million a year ago. Basic loss per share from continuing operations was KRW 106 compared to KRW 84 a year ago. Diluted loss per share from continuing operations was KRW 106 compared to KRW 84 a year ago. Basic loss per share was KRW 106 compared to KRW 84 a year ago.
INSUNG INFORMATION CO., LTD is a Korea-based company mainly engaged in the information technology (IT) infrastructure and solutions services. The Company mainly operates in four business divisions: IT infrastructure division, which provides network equipment and solutions for network construction and maintenance; network equipment wholesale division, which provides network equipment and automatic identification (Auto ID) equipment; software wholesale division, which mainly provides commercial software, and ubiquitous health (U-health) division, which provides medical equipment and contents for general medical information services under the brand name HICARE and others. It also provides security control services.