PANACEA Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported negative sales was KRW 15.24 million compared to sales of KRW 29.76 million a year ago. Net loss was KRW 2,368.77 million compared to net income of KRW 667.76 million a year ago. Basic earnings per share from continuing operations was KRW 2 compared to basic loss per share from continuing operations of KRW 32 a year ago. Basic loss per share was KRW 131 compared to basic earnings per share of KRW 51 a year ago.
For the six months, sales was KRW 114.75 million compared to KRW 114.48 million a year ago. Net loss was KRW 1,751.56 million compared to KRW 32.61 million a year ago. Basic earnings per share from continuing operations was KRW 36 compared to basic loss per share from continuing operations of KRW 86 a year ago. Basic loss per share was KRW 97 compared to KRW 3 a year ago.