Korea Cable T.V Chung-Buk System Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 02:32 am
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Korea Cable T.V Chung-Buk System Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was KRW 715.53 million compared to KRW 696.96 million a year ago. Net income was KRW 304.93 million compared to KRW 249.98 million a year ago. Basic earnings per share from continuing operations was KRW 6 compared to KRW 1 a year ago. Basic earnings per share was KRW 6 compared to KRW 5 a year ago.
For the nine months, sales was KRW 2,104.94 million compared to KRW 2,010.77 million a year ago. Net income was KRW 641.49 million compared to KRW 437.03 million a year ago. Basic earnings per share from continuing operations was KRW 12 compared to KRW 1 a year ago. Basic earnings per share was KRW 12 compared to KRW 9 a year ago.
KOREA CABLE T.V CHUNG-BUK SYSTEM CO., LTD. is a Korea-based company engaged in the provision of cable television (TV) service. The Company provides cable TV services to households in Chungcheongbuk-do area; high-speed Internet services, which provides through cable modems and cable TV networks, and advertising services, playing commercial films through program providers (PPs) and regional channels. It also engages in the leasing of communication equipment, such as converters, high-speed modems and digital set-tops. In addition, through its subsidiaries, it engages in the provision of telecommunication services and maintenance services. The Company sold its entire shares of World Event Network TV Co.,Ltd. and entire stakes in two cable broadcasting companies, on March 31, 2013 and September 30, 2013, respectively.
KOREA CABLE T.V CHUNG-BUK SYSTEM CO., LTD. 
