Kwangmu Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 16, 2022 at 03:58 am EDT
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Kwangmu Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was KRW 679.88 million compared to KRW 684.71 million a year ago. Net loss was KRW 1,036.83 million compared to KRW 2,122.38 million a year ago. Basic loss per share from continuing operations was KRW 75 compared to KRW 140 a year ago. Basic loss per share was KRW 50 compared to KRW 135 a year ago.
Kwangmu Co Ltd, formerly Lix Solution Co Ltd, is a Korea-based company mainly engaged in the provision of network and system integration services. The Company operates its business through five segments. The Network Business segment is engaged in system construction and development business such as service infrastructure design and customer-customized system development. The Maintenance Business segment provides network integrated maintenance services. The Information Technology Outsourcing (ITO) Business segment provides network equipment rental services. The Other Business segment provides 3D cinema systems and 3D camera systems and engages in real estate rental business. The Semiconductor Distribution segment distributes products related to memory semiconductors and provides smart solutions.
KWANGMU CO.,LTD. 
