YG Plus, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 16, 2022 at 03:03 am EDT
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YG Plus, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was KRW 0.00001 million compared to KRW 0.00001 million a year ago. Net loss was KRW 166.73 million compared to net income of KRW 342.44 million a year ago. Basic earnings per share from continuing operations was KRW 40 compared to KRW 7 a year ago. Basic loss per share was KRW 3 compared to basic earnings per share of KRW 5 a year ago.
For the six months, sales was KRW 0.00002 million compared to KRW 0.00002 million a year ago. Net income was KRW 6,204 million compared to KRW 3,540.44 million a year ago. Basic earnings per share from continuing operations was KRW 107 compared to KRW 47 a year ago. Basic earnings per share was KRW 98 compared to KRW 57 a year ago.
YG PLUS, INC, formerly PHOENIX HOLDINGS INC, is a Korea-based advertising agency. Along with its affiliated companies, the Company operates two categories of businesses: advertisement production business and media agency business. Its advertisement production business creates advertisements for its clients. Its media agency business publishes and broadcasts advertisements through mass media such as televisions (TVs), radios, newspapers, magazines, new media, such as cable TVs and Internet, as well as outdoor billboards, subways, buses and theaters. The Companyâs clients include COCACOLA, SK Telecom, THE FACE SHOP and others.
YG PLUS, INC. 
