M-Venture Investment, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 02:39 am
Share
M-Venture Investment, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported net income was KRW 3,041.2 million compared to KRW 4,151.25 million a year ago. Basic earnings per share from continuing operations was KRW 29 compared to KRW 51 a year ago. Diluted earnings per share from continuing operations was KRW 29 compared to KRW 51 a year ago. Basic earnings per share was KRW 29 compared to KRW 51 a year ago.
For the six months, net loss was KRW 1,663.73 million compared to net income of KRW 3,577.17 million a year ago. Basic loss per share from continuing operations was KRW 17 compared to basic earnings per share from continuing operations of KRW 45 a year ago. Diluted loss per share from continuing operations was KRW 17 compared to diluted earnings per share from continuing operations of KRW 45 a year ago. Basic loss per share was KRW 17 compared to basic earnings per share of KRW 45 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.
M-VENTURE INVESTMENT, INC. 
