Gemvaxlink Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 12, 2022 at 03:33 am EDT
Share
Gemvaxlink Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was KRW 28,459.4 million compared to KRW 29,787.84 million a year ago. Net loss was KRW 6,638.75 million compared to net income of KRW 7,807.44 million a year ago. Basic loss per share from continuing operations was KRW 80 compared to basic earnings per share from continuing operations of KRW 97 a year ago. Diluted loss per share from continuing operations was KRW 80 compared to diluted earnings per share from continuing operations of KRW 94 a year ago. Basic loss per share was KRW 80 compared to basic earnings per share of KRW 97 a year ago.
For the six months, sales was KRW 52,116.18 million compared to KRW 54,130 million a year ago. Net loss was KRW 6,013.06 million compared to net income of KRW 10,779.65 million a year ago. Basic loss per share from continuing operations was KRW 72 compared to basic earnings per share from continuing operations of KRW 135 a year ago. Diluted loss per share from continuing operations was KRW 72 compared to diluted earnings per share from continuing operations of KRW 128 a year ago. Basic loss per share was KRW 72 compared to basic earnings per share of KRW 135 a year ago.
GemVaxLink Co Ltd, formerly Feelingk Co Ltd, is a Korea-based company mainly engaged in the sale of clothing miscellaneous goods. The Company operates its business through two segments. The Overseas Fashion Business segment sells apparel, fashion, miscellaneous goods, and luxury goods. The Wireless Internet Solution Business segment mainly develops wireless Internet solutions such as short message service center (SMSC) and long message service center (LMSC) systems, wireless application protocol (WAP) gateways and multimedia message service center (MMSC) systems, and other wireless Internet solutions such as ring back tone (RBT), unified messaging system (UMS) as well as wireless Internet platforms for interoperability (WIPI) globalization solutions under the brand name of Feelingk. The Company also involves in the management consulting and real estate rental business.
GEMVAXLINK CO., LTD. 