SBI FinTech Solutions Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2022
November 14, 2022 at 02:39 am EST
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SBI FinTech Solutions Co., Ltd. reported earnings results for the second quarter and six months ended September 30, 2022. For the second quarter, the company reported net income was KRW 12.41 million compared to net loss of KRW 273.68 million a year ago. Basic earnings per share from continuing operations was KRW 1 compared to basic loss per share from continuing operations of KRW 15 a year ago. Basic earnings per share was KRW 1 compared to basic loss per share of KRW 12 a year ago.
For the six months, net income was KRW 572.95 million compared to KRW 796.76 million a year ago. Basic earnings per share from continuing operations was KRW 25 compared to KRW 30 a year ago. Basic earnings per share was KRW 25 compared to KRW 35 a year ago.
SBI FinTech Solutions Co Ltd is a Japan-based comprehensive fintech solutions company that operates payment service business, software as a back-office service (SaaS) business, and international remittance business. The Company operates in three business segments. The Payment Service segment is engaged in the provision of online payment service, terminal payment service for stores, and various financial services centered on factoring. The Back-Office SaaS segment is engaged in the provision of back-office support services such as the cloud-based invoice management system SEIKYU QUICK, the expense settlement system KEIHI BANK, and the approval system SHONIN TIME, as well as security service. The International Remittance segment is engaged in the provision of international remittance services.
SBI FINTECH SOLUTIONS CO., LTD. 
