The E&M Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 01:27 am EDT
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The E&M 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 32.25 million compared to KRW 35.16 million a year ago. Net loss was KRW 4,801.89 million compared to net income of KRW 297.62 million a year ago. Basic loss per share from continuing operations was KRW 260 compared to KRW 160 a year ago. Diluted loss per share from continuing operations was KRW 260 compared to KRW 160 a year ago. Basic loss per share was KRW 260 compared to basic earnings per share of KRW 10 a year ago.
For the six months, sales was KRW 64.5 million compared to KRW 44.95 million a year ago. Net loss was KRW 8,451.87 million compared to KRW 4,405.35 million a year ago. Basic loss per share from continuing operations was KRW 460 compared to KRW 260 a year ago. Diluted loss per share from continuing operations was KRW 460 compared to KRW 260 a year ago. Basic loss per share was KRW 460 compared to KRW 260 a year ago.
THE E&M Co., Ltd. is a company mainly engaged in the provision of the Internet personal broadcasting platform. Along with subsidiaries, the Company operates its business through five segments. The Internet Business segment is involved in the provision of the Internet personal broadcasting platform. The Performance Planning segment is engaged in performance planning and agency business. The Mobile Messaging Business segment is engaged in provision of bulk messaging services including short message services (SMSs) and multimedia messaging services (MMSs). The News Media segment is engaged in Internet newspaper and Internet broadcasting business. The Music Content Business segment is engaged in the provision of databases and online information.
THE E&M CO., LTD. 
