M2N Co.,Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was KRW 137.39 million compared to KRW 242.76 million a year ago. Net loss was KRW 280.93 million compared to net income of KRW 1,028.37 million a year ago.

Basic loss per share from continuing operations was KRW 7 compared to basic earnings per share from continuing operations of KRW 40.8333 a year ago. Diluted loss per share from continuing operations was KRW 7 compared to diluted earnings per share from continuing operations of KRW 40.8333 a year ago. Basic loss per share was KRW 7 compared to basic earnings per share of KRW 49 a year ago.

Diluted earnings per share was KRW 12.