SBI FinTech Solutions Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023
February 13, 2024 at 08:57 pm EST
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SBI FinTech Solutions Co., Ltd. reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported net income was KRW 694.27 million compared to KRW 1,792.63 million a year ago. Basic earnings per share from continuing operations was KRW 30 compared to KRW 78 a year ago. Basic earnings per share was KRW 30 compared to KRW 78 a year ago.
For the nine months, net income was KRW 2,237.2 million compared to KRW 2,363.8 million a year ago. Basic earnings per share from continuing operations was KRW 97 compared to KRW 103 a year ago. Basic earnings per share was KRW 97 compared to KRW 103 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.