M-Venture Investment, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 04, 2022 at 12:03 am
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M-Venture Investment, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported net income was KRW 4,330.3 million compared to net loss of KRW 25.29 million a year ago. Basic earnings per share from continuing operations was KRW 53. Diluted earnings per share from continuing operations was KRW 53. Basic earnings per share was KRW 53.
For the nine months, net income was KRW 7,907.47 million compared to net loss of KRW 1,611.97 million a year ago. Basic earnings per share from continuing operations was KRW 98 compared to basic loss per share from continuing operations of KRW 24 a year ago. Diluted earnings per share from continuing operations was KRW 98 compared to diluted loss per share from continuing operations of KRW 24 a year ago. Basic earnings per share was KRW 98 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.