ICRAFT Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 12, 2021 at 02:30 am
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iCRAFT Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was KRW 7.92 million compared to negative sales of KRW 0.00014 million a year ago. Net income was KRW 422.3 million compared to net loss of KRW 397.36 million a year ago. Basic earnings per share from continuing operations was KRW 35 compared to basic loss per share from continuing operations of KRW 33 a year ago. Diluted earnings per share from continuing operations was KRW 35 compared to diluted loss per share from continuing operations of KRW 33 a year ago. Basic earnings per share was KRW 35 compared to basic loss per share of KRW 33 a year ago.
For the nine months, sales was KRW 15.85 million compared to KRW 0.00042 million a year ago. Net loss was KRW 708.38 million compared to KRW 2,790.89 million a year ago. Basic loss per share from continuing operations was KRW 59 compared to KRW 226 a year ago. Diluted loss per share from continuing operations was KRW 59 compared to KRW 226 a year ago. Basic loss per share was KRW 59 compared to KRW 226 a year ago.
iCRAFT Co., Ltd. is a Korea-based company specialized in the provision of Internet network and system solutions. The Company's offerings include Internet core access network solutions, Internet infrastructure value services, wireless Internet services, large capacity data management solutions, Internet application solutions, integrated Internet security solutions, voice and data convergence solutions, traffic management and control services, next generation integrated authentication solutions, as well as domestic and overseas Internet service provider (ISP) network consulting services. It also sells related network and solution equipment such as routers.