Mugunghwa Information Technology Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was KRW 1,240.86 million compared to KRW 3.22 million a year ago. Net loss was KRW 666.96 million compared to KRW 738.4 million a year ago. Basic loss per share from continuing operations was KRW 26 compared to KRW 277 a year ago. Basic loss per share was KRW 26 compared to KRW 277 a year ago.
For the nine months, sales was KRW 2,680.37 million compared to KRW 8.86 million a year ago. Net income was KRW 1,015.86 million compared to net loss of KRW 2,459.3 million a year ago. Basic earnings per share from continuing operations was KRW 41 compared to basic loss per share from continuing operations of KRW 2,014 a year ago. Basic earnings per share was KRW 46 compared to basic loss per share of KRW 2,014 a year ago.