Kaonmedia Co, Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 12, 2021 at 07:12 am
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Kaonmedia 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 149,196.96 million compared to KRW 137,096.75 million a year ago. Net income was KRW 7,690.95 million compared to KRW 2,344.63 million a year ago. Basic earnings per share from continuing operations was KRW 1,145.098 compared to KRW 155.7093 a year ago. Diluted earnings per share from continuing operations was KRW 470.5882 compared to KRW 150.9035 a year ago. Basic earnings per share was KRW 497.0588 compared to KRW 158.8235 a year ago. Diluted earnings per share was KRW 470.5882 compared to KRW 153.9216 a year ago.
For the nine months, sales was KRW 6,218.7 million compared to KRW 15,029.66 million a year ago. Net income was KRW 23,523.16 million compared to KRW 4,321.15 million a year ago. Basic earnings per share from continuing operations was KRW 1,530.3922 compared to KRW 286.4283 a year ago. Diluted earnings per share from continuing operations was KRW 1,448.0392 compared to KRW 277.7777 a year ago. Basic earnings per share was KRW 1,530.3922 compared to KRW 292.1569 a year ago. Diluted earnings per share was KRW 1,448.0392 compared to KRW 283.3333 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. 
