Chorokbaem Media Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 02:10 am EST
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Chorokbaem Media Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was KRW 38,803.37 million compared to KRW 38,995.83 million a year ago. Net loss was KRW 5,464.1 million compared to KRW 3,109.1 million a year ago. Basic loss per share from continuing operations was KRW 252 compared to KRW 187 a year ago. Diluted loss per share from continuing operations was KRW 252 compared to KRW 187 a year ago. Basic loss per share was KRW 252 compared to KRW 187 a year ago.
For the nine months, sales was KRW 4,082.6 million compared to KRW 4,981.49 million a year ago. Net income was KRW 6,067.33 million compared to net loss of KRW 12,660.39 million a year ago. Basic earnings per share from continuing operations was KRW 280 compared to basic loss per share from continuing operations of KRW 843 a year ago. Diluted loss per share from continuing operations was KRW 112 compared to KRW 843 a year ago. Basic earnings per share was KRW 280 compared to basic loss per share of KRW 843 a year ago. Diluted loss per share was KRW 112.
CHOROKBAEM MEDIA CO., LTD. is a Korea-based company principally engaged in the entertainment business. The Company operates its business through four segments. The Program Business segment produces television (TV) dramas. The segment also involves in the drama-related original soundtracks (OSTs), coloring, character goods, theme parks and others. The Management Business segment engages in the star discovery, production, planning, public relations, marketing, contents development and others. The Real Estate Business segment involves in the real estate lease business. The Investment Business segment engages in the securities investment business.
CHOROKBAEM MEDIA CO., LTD. 
