Digital Daesung Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023 at 08:51 pm EST
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Digital Daesung 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 28,928.02 million compared to KRW 31,192.8 million a year ago. Net income was KRW 10,779.04 million compared to KRW 9,861.73 million a year ago. Basic earnings per share from continuing operations was KRW 410 compared to KRW 364 a year ago. Diluted earnings per share from continuing operations was KRW 410 compared to KRW 364 a year ago. Basic earnings per share was KRW 410 compared to KRW 364 a year ago.
For the nine months, sales was KRW 79,733.7 million compared to KRW 85,237.01 million a year ago. Net income was KRW 16,824.43 million compared to KRW 20,186.54 million a year ago. Basic earnings per share from continuing operations was KRW 633 compared to KRW 751 a year ago. Diluted earnings per share from continuing operations was KRW 633 compared to KRW 750 a year ago. Basic earnings per share was KRW 633 compared to KRW 751 a year ago.
DIGITALDAESUNG is a Korea-based company mainly engaged in the education business. The Company operates its business under four divisions: educational franchise division, educational institute division, online education division and educational information service division. The educational franchise division operates four franchise brands: Daesung N School, DASUIN, Daesung GENEX and READING GAME, providing education programs for primary school students and junior and high school students. The educational institute division operates educational institutes. The online education division engages in the provision of online education courses. The educational information service division provides college entrance reviewing materials and others. It also provides consulting services.