Korea Asset In Trust Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 15, 2021 at 05:32 am
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Korea Asset In Trust Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported net income was KRW 23,828.57 million compared to KRW 35,113.26 million a year ago. Basic earnings per share from continuing operations was KRW 195 compared to KRW 287 a year ago. Basic earnings per share was KRW 195 compared to KRW 287 a year ago.
For the nine months, net income was KRW 78,893.92 million compared to KRW 96,941.08 million a year ago. Basic earnings per share from continuing operations was KRW 645 compared to KRW 792 a year ago. Basic earnings per share was KRW 645 compared to KRW 792 a year ago.
Korea Asset In Trust Co., Ltd is a Korea-based company mainly engaged in the provision of real estate trust services. The Company mainly engaged in the construction business of the entrusted real estates and maintenance and management business of the buildings. The Company also engaged in the leasing and distribution of real estates and other business related to the development and management of real estates. The Company also provides real estate financial products including asset backed securities (ABSs), mortgages, collateralized bond obligations (CBOs) and others.