M-Venture Investment, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 12, 2022 at 04:06 am
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M-Venture Investment, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported net income was KRW 4,151.25 million compared to net loss of KRW 1,439.45 million a year ago. Basic earnings per share from continuing operations was KRW 51 compared to basic loss per share from continuing operations of KRW 22 a year ago. Diluted earnings per share from continuing operations was KRW 51 compared to diluted loss per share from continuing operations of KRW 22 a year ago. Basic earnings per share was KRW 51 compared to basic loss per share of KRW 22 a year ago.
For the six months, net income was KRW 3,577.17 million compared to net loss of KRW 1,586.68 million a year ago. Basic earnings per share from continuing operations was KRW 45 compared to basic loss per share from continuing operations of KRW 24 a year ago. Diluted earnings per share from continuing operations was KRW 45 compared to diluted loss per share from continuing operations of KRW 24 a year ago. Basic earnings per share was KRW 45 compared to basic loss per share of KRW 24 a year ago.
M-VENTURE INVESTMENT, INC. is a Korea-based venture capital firm. The Company provides investment services, including stock subscription, acquisition of convertible bonds or bonds with warrants, as well as project financing services. It also provides consulting services, including start-up-related business consulting and information services, as well as business advice services to start-up founders; research services for the review of business feasibility; setup and operation of a business incubation center; legal advice, tax information and marketing support services to investee companies, and consulting and advice services regarding corporate mergers or acquisitions, sale of assets and divestitures services. In addition, it provides corporate restructuring services.