Leenos Corp. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 11, 2023 at 06:15 am
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Leenos Corp. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was KRW 678.84 million compared to negative sales of KRW 0.00014 million a year ago. Net income was KRW 708.16 million compared to KRW 2,096.49 million a year ago. Basic earnings per share from continuing operations was KRW 16 compared to KRW 47 a year ago. Diluted earnings per share from continuing operations was KRW 15 compared to KRW 47 a year ago. Basic earnings per share was KRW 16 compared to KRW 47 a year ago. Diluted earnings per share was KRW 15.
For the six months, sales was KRW 3,245.34 million compared to KRW 450.18 million a year ago. Net income was KRW 1,081.92 million compared to KRW 895.01 million a year ago. Basic earnings per share from continuing operations was KRW 24 compared to KRW 20 a year ago. Diluted earnings per share from continuing operations was KRW 23 compared to KRW 20 a year ago. Basic earnings per share was KRW 24 compared to KRW 20 a year ago. Diluted earnings per share was KRW 23.
Polaris AI Corp, formerly Leenos Corp, is a Korea-based company principally engaged in the distribution of casual bags and provision of communication equipment solutions. The Company operates its business through two segments. The Fashion and Culture (F&C) segment mainly distributes women's casual bags under the brand name of Kipling and backpacks under the brand of EASTPAK. The Information Technology (IT) segment mainly provides system construction, IT consulting and maintenance services for public security, transportation institutions, financial and wireless communication industries. The Company also engages in the real estate leasing business. The Company mainly distributes its bags products through department stores, duty free stores and outlets.
POLARIS AI CORP. 
