Mugunghwa Information Technology 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 719.76 million compared to KRW 3.22 million a year ago. Net loss was KRW 611.26 million compared to KRW 803.88 million a year ago. Basic loss per share from continuing operations was KRW 38 compared to KRW 67 a year ago. Diluted loss per share from continuing operations was KRW 38. Basic loss per share was KRW 27 compared to KRW 1,024 a year ago. Diluted loss per share was KRW 27 compared to KRW 1,024 a year ago.
For the six months, sales was KRW 1,439.51 million compared to KRW 5.65 million a year ago. Net income was KRW 1,682.82 million compared to net loss of KRW 1,720.9 million a year ago. Basic earnings per share from continuing operations was KRW 77 compared to basic loss per share from continuing operations of KRW 151 a year ago. Diluted earnings per share from continuing operations was KRW 77. Basic earnings per share was KRW 82 compared to basic loss per share of KRW 2,208 a year ago. Diluted earnings per share was KRW 82 compared to diluted loss per share of KRW 2,208 a year ago.