Citylabs Co.,Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 04:28 am EDT
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Citylabs 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 5,474.13 million compared to KRW 6,613.89 million a year ago. Net loss was KRW 3,728.7 million compared to KRW 7,129.56 million a year ago. Basic loss per share from continuing operations was KRW 505 compared to KRW 927 a year ago. Diluted loss per share from continuing operations was KRW 505. Basic loss per share was KRW 505 compared to KRW 1,008 a year ago. Diluted loss per share was KRW 498.
For the six months, sales was KRW 10,860.88 million compared to KRW 12,774.41 million a year ago. Net income was KRW 24,257.7 million compared to net loss of KRW 12,379.02 million a year ago. Basic earnings per share from continuing operations was KRW 3,355 compared to basic loss per share from continuing operations of KRW 1,638 a year ago. Diluted earnings per share from continuing operations was KRW 3,298. Basic earnings per share was KRW 3,355 compared to basic loss per share of KRW 1,750 a year ago. Diluted earnings per share was KRW 3,298.
BFLabs Co Ltd, formerly CityLabs Co Ltd, is a Korea-based company mainly engaged in the provision of intelligent transportation system (ITS) solutions. The Company's ITS construction service business and closed circuit television (CCTV) integrated control center business include advanced traffic signal control systems, automatic enforcement systems, road traffic management systems, driver information systems, optimal route guidance systems, travel service information systems, public transportation information provision and public transportation management systems, electronic security systems, common check-in systems, safety security systems, maritime traffic control system establishment, and air traffic control system establishment. The Company combines all of these to conduct smart city construction business. It also engages in multilayer glass production facility manufacturing industry, healthcare media, digital marketing and social networks, and hosting domain services.
BFLABS CO.,LTD. 