Kyungbangco.Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 13, 2022 at 09:41 pm EST
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Kyungbangco.Ltd reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was KRW 98,038.66 million compared to KRW 93,476.72 million a year ago. Net loss was KRW 11,912.54 million compared to net income of KRW 797.92 million a year ago. Basic loss per share from continuing operations was KRW 478 compared to basic earnings per share from continuing operations of KRW 31 a year ago. Diluted loss per share from continuing operations was KRW 478 compared to diluted earnings per share from continuing operations of KRW 31 a year ago. Basic loss per share was KRW 478 compared to basic earnings per share of KRW 31 a year ago.
For the nine months, sales was KRW 2,026.36 million compared to KRW 2,483.54 million a year ago. Net income was KRW 2,528.24 million compared to KRW 18,020.14 million a year ago. Basic earnings per share from continuing operations was KRW 101 compared to KRW 702 a year ago. Diluted earnings per share from continuing operations was KRW 101 compared to KRW 702 a year ago. Basic earnings per share was KRW 101 compared to KRW 702 a year ago.
Kyungbang Ltd is a Korea-based company principally engaged in the manufacture and distribution of fabric products. The Company operates its business through three segments. The Complex Shopping Mall Business segment mainly operates times square, hotels, and department stores. The Textile Business segment manufactures and sells products such as yarn, cloth, and apparel. The Other Business segment provides real estate consulting services. The Company sells its products in domestic and overseas markets such as Asia and the Americas.
KYUNGBANGCO.LTD 
