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For the three months ended 31 March 2022, MITech Co Ltd revenues decreased 4% to W10.35B. Net income increased 37% to W3.17B. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net income reflects Expense of Allow for DA decrease from W276.1M (expense) to W150.7M (income), P/L Loss on Valt of FV Meas Fincl Assets decrease of 84% to W26.6M (expense).
Period Ending: | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 |
---|---|---|---|---|
Total Revenue | 10351.57 | 15623.37 | 11400.88 | 12507.01 |
Gross Profit | 5486.07 | 7477.02 | 6127.56 | 6799.09 |
Operating Income | 2487.83 | 4069.19 | 3049.63 | 3629.56 |
Net Income | 3173.86 | 3528.9 | 3364.53 | 3040.64 |
Period Ending: | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 |
---|---|---|---|---|
Total Assets | 80454.39 | 78525.16 | 75927.95 | 71551.97 |
Total Liabilities | 14439.92 | 13764.27 | 12830 | 12459.43 |
Total Equity | 66014.48 | 64760.89 | 63097.94 | 59092.55 |
Period Ending: | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 |
---|---|---|---|---|
Period Length: | 3 Months | 12 Months | 9 Months | 6 Months |
Cash From Operating Activities | 3998.12 | 16523.41 | 12520.71 | 7397.95 |
Cash From Investing Activities | -2670.28 | -9744.02 | -10044.67 | -1484.91 |
Cash From Financing Activities | 266.38 | -4029.2 | -1868.45 | -2204.16 |
Net Change in Cash | 1580.59 | 2740.68 | 621.94 | 3735.95 |
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