Softcen Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 07:29 am
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Softcen Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was KRW 11,526.15 million compared to KRW 12,371.66 million a year ago. Net income was KRW 1,358.25 million compared to net loss of KRW 1,721.4 million a year ago. Basic earnings per share from continuing operations was KRW 13 compared to basic loss per share from continuing operations of KRW 18 a year ago. Diluted loss per share from continuing operations was KRW 6 compared to KRW 18 a year ago. Basic earnings per share was KRW 13 compared to basic loss per share of KRW 18 a year ago. Diluted loss per share was KRW 6.
For the nine months, sales was KRW 27,268.89 million compared to KRW 28,201.6 million a year ago. Net loss was KRW 5,084.76 million compared to net income of KRW 3,181.59 million a year ago. Basic loss per share from continuing operations was KRW 52 compared to basic earnings per share from continuing operations of KRW 33 a year ago. Diluted loss per share from continuing operations was KRW 52 compared to diluted earnings per share from continuing operations of KRW 22 a year ago. Basic loss per share was KRW 52 compared to basic earnings per share of KRW 33 a year ago.
SOFTCEN CO., LTD., formerly BTC KOREA Co.,Ltd., is a Korea-based company mainly engaged in the provision of hardware and software. The Company operates its business through solution, light crystal display (LCD) monitor and light emitting diode (LED) power saving lighting segments. Its solution segment involves in the provision of computers, computer peripherals and software of IBM, T-max and others. Its LCD monitor segment engages in the manufacture of LCD monitors used for computers, video players, gaming devices and other display devices. Its LED power saving lighting segment produces LED lights under the brand name L-STATION, which are used as dimmers and others. It also engages in real estate rental.