Kaonmedia Co, Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 16, 2022 at 09:12 am
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Kaonmedia 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 166,127.97 million compared to KRW 137,491.34 million a year ago. Net income was KRW 5,984.54 million compared to KRW 9,620.73 million a year ago. Basic earnings per share from continuing operations was KRW 379.6117 compared to KRW 603.4647 a year ago. Diluted earnings per share from continuing operations was KRW 359.2233 compared to KRW 571.1023 a year ago. Basic earnings per share was KRW 379.6117 compared to KRW 615.534 a year ago. Diluted earnings per share was KRW 359.2233 compared to KRW 582.5243 a year ago.
For the six months, sales was KRW 6,630.45 million compared to KRW 4,053.68 million a year ago. Net income was KRW 16,220.86 million compared to KRW 15,832.21 million a year ago. Basic earnings per share from continuing operations was KRW 1,023.301 compared to KRW 1,003.2363 a year ago. Diluted earnings per share from continuing operations was KRW 968.932 compared to KRW 949.9333 a year ago. Basic earnings per share was KRW 1,023.301 compared to KRW 1,023.301 a year ago. Diluted earnings per share was KRW 968.932 compared to KRW 968.932 a year ago.
Kaon Group Co Ltd, formerly KAON Media Co Ltd, is a Korea-based company primarily engaged in the manufacture and sale of artificial intelligence solutions, over-the-top (OTT) services, network devices and integrated solutions. The Company operates its business through two segments. The Over-the-Top business segment is engaged in the provision of artificial intelligence and digital broadcasting reception services. The Network Business segment is engaged in the provision of broadband services.
KAON GROUP CO., LTD. 
