Ascendio Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 11, 2023 at 03:53 am
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Ascendio 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 1,669.07 million compared to KRW 2,631.64 million a year ago. Net loss was KRW 3,575.68 million compared to KRW 1,304.75 million a year ago. Basic loss per share from continuing operations was KRW 42 compared to KRW 16 a year ago. Diluted loss per share from continuing operations was KRW 42 compared to KRW 16 a year ago. Basic loss per share was KRW 42 compared to KRW 16 a year ago.
For the six months, sales was KRW 703.33 million compared to KRW 1,500.95 million a year ago. Net loss was KRW 7,180.57 million compared to KRW 3,494.82 million a year ago. Basic loss per share from continuing operations was KRW 85 compared to KRW 43 a year ago. Diluted loss per share from continuing operations was KRW 85 compared to KRW 43 a year ago. Basic loss per share was KRW 85 compared to KRW 43 a year ago.
Ascendio Co Ltd, formerly Kiwi Media Group Co Ltd, is a Korea-based company principally engaged in the content business. The Company operates its business through six segments. The Film Business segment is engaged in film production, investment and distribution. The Drama Business segment is engaged in the production and investment of contents such as dramas and others. The Video Business segment is engaged in closed circuit television (CCTV) manufacturing and installation, and software development. The Management Business segment provides services such as artist management and others. The Performance Business segment is engaged in planning and producing performances such as musicals and others. The Other segment provides services such as advertisements and sponsorships, among others.
ASCENDIO CO., LTD. 
