MegaStudy Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 06:18 am
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MegaStudy 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 6,664.61 million compared to KRW 4,553 million a year ago. Net income was KRW 8,950.61 million compared to KRW 6,586.16 million a year ago. Basic earnings per share from continuing operations was KRW 785 compared to KRW 555 a year ago. Basic earnings per share was KRW 785 compared to KRW 555 a year ago.
For the six months, sales was KRW 10,151.03 million compared to KRW 9,113.18 million a year ago. Net income was KRW 12,068.19 million compared to KRW 11,626.28 million a year ago. Basic earnings per share from continuing operations was KRW 1,058 compared to KRW 981 a year ago. Basic earnings per share was KRW 1,058 compared to KRW 981 a year ago.
MegaStudy Co., Ltd is a Korea-based company mainly engaged in the online education business. The Company provides online education services through its portal sites www.megasuday.net, campus.megastudy.net and www.mbest.co.kr, which provide online educational contents, teaching materials, video on demand (VOD) contents and learning management consulting services for pre-university students and primary and middle school students. The Company also offers offline education services through its educational institutes. In addition, it provides education services to adults through online and off-line, as well as engages in the study material publishing business.