The E&M Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 16, 2022 at 03:43 am EDT
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The E&M Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was KRW 35.16 million compared to KRW 0.00001 million a year ago. Net income was KRW 297.62 million compared to net loss of KRW 4,153.58 million a year ago. Basic loss per share from continuing operations was KRW 16 compared to KRW 20 a year ago. Basic earnings per share was KRW 1 compared to basic loss per share of KRW 25 a year ago.
For the six months, sales was KRW 44.95 million compared to KRW 0.00001 million a year ago. Net loss was KRW 4,405.35 million compared to KRW 7,700.85 million a year ago. Basic loss per share from continuing operations was KRW 26 compared to KRW 20 a year ago. Basic loss per share was KRW 26 compared to KRW 46 a year ago.
THE E&M Co., Ltd. is a company mainly engaged in the provision of the Internet personal broadcasting platform. Along with subsidiaries, the Company operates its business through five segments. The Internet Business segment is involved in the provision of the Internet personal broadcasting platform. The Performance Planning segment is engaged in performance planning and agency business. The Mobile Messaging Business segment is engaged in provision of bulk messaging services including short message services (SMSs) and multimedia messaging services (MMSs). The News Media segment is engaged in Internet newspaper and Internet broadcasting business. The Music Content Business segment is engaged in the provision of databases and online information.
THE E&M CO., LTD. 
