YG Plus, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 12, 2021 at 02:21 am EST
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YG Plus, Inc. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported net income was KRW 4,480.59 million compared to KRW 280.99 million a year ago. Basic earnings per share from continuing operations was KRW 79 compared to KRW 15 a year ago. Basic earnings per share was KRW 71 compared to KRW 5 a year ago. Diluted earnings per share was KRW 71 compared to KRW 5 a year ago.
For the nine months, net income was KRW 8,021.02 million compared to net loss of KRW 3,009.09 million a year ago. Basic earnings per share from continuing operations was KRW 130 compared to KRW 33 a year ago. Basic earnings per share was KRW 128 compared to basic loss per share of KRW 52 a year ago. Diluted earnings per share was KRW 128 compared to diluted loss per share of KRW 52 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. 
