KX Innovation Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 08:57 am
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KX Innovation 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 0.00004 million compared to KRW 0.00016 million a year ago. Net income was KRW 12,903.57 million compared to net loss of KRW 3,284.55 million a year ago. Basic earnings per share was KRW 311 compared to basic loss per share of KRW 78 a year ago. Diluted earnings per share was KRW 311 compared to diluted loss per share of KRW 78 a year ago.
For the six months, negative sales was KRW 0.00004 million compared to sales of KRW 0.00011 million a year ago. Net income was KRW 10,399.95 million compared to KRW 530.63 million a year ago. Basic earnings per share was KRW 250 compared to KRW 13 a year ago. Diluted earnings per share was KRW 250 compared to KRW 13 a year ago.
KX Innovation Co Ltd, formerly KMH Co Ltd, is a Korea-based company engaged in the broadcasting service business. The Company is mainly engaged in the provision of broadcasting services such as cable television (TV), satellite broadcasting, and digital multimedia broadcasting (DMB). In addition, the Company is engaged in the provision of drama and entertainment channels and operation of advertising agencies. Through its subsidiaries, the Company is also engaged in the businesses such as manufacture and sale of semiconductor component materials, operation of golf courses, and production and sale of broadcasting equipment.
KX INNOVATION CO., LTD. 
