People & Telecommunication Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was KRW 2,238.07 million compared to KRW 9,117.34 million a year ago. Net loss was KRW 1,603.83 million compared to net income of KRW 603.67 million a year ago. Basic loss per share from continuing operations was KRW 355 compared to basic earnings per share from continuing operations of KRW 133 a year ago. Basic loss per share was KRW 355 compared to basic earnings per share of KRW 133 a year ago.
For the nine months, sales was KRW 357.1 million compared to KRW 753.05 million a year ago. Net loss was KRW 4,597.24 million compared to KRW 1,408.06 million a year ago. Basic loss per share from continuing operations was KRW 1,016 compared to KRW 311 a year ago. Basic loss per share was KRW 1,016 compared to KRW 311 a year ago.