KX Innovation Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 07:37 am
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KX Innovation Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported negative sales was KRW 0.00018 million compared to KRW 0.00038 million a year ago. Net income was KRW 6,726.64 million compared to KRW 11,492.18 million a year ago. Basic earnings per share was KRW 162 compared to KRW 274 a year ago. Diluted earnings per share was KRW 162 compared to KRW 274 a year ago.
For the nine months, negative sales was KRW 0.00022 million compared to KRW 0.00043 million a year ago. Net income was KRW 17,126.6 million compared to KRW 12,022.81 million a year ago. Basic earnings per share was KRW 412 compared to KRW 287 a year ago. Diluted earnings per share was KRW 412 compared to KRW 287 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.