Medience Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 16, 2022 at 08:59 pm EDT
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Medience 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 182.93 million compared to KRW 222.22 million a year ago. Net loss was KRW 5,070.88 million compared to net income of KRW 7,729.68 million a year ago. Basic loss per share from continuing operations was KRW 439 compared to basic earnings per share from continuing operations of KRW 668 a year ago. Basic loss per share was KRW 439 compared to basic earnings per share of KRW 668 a year ago.
For the six months, sales was KRW 423.97 million compared to KRW 441.54 million a year ago. Net loss was KRW 9,670.94 million compared to net income of KRW 14,697.42 million a year ago. Basic loss per share from continuing operations was KRW 836 compared to basic earnings per share from continuing operations of KRW 1,271 a year ago. Basic loss per share was KRW 836 compared to basic earnings per share of KRW 1,271 a year ago.
Medience Co., LTD., formerly BORYUNG MEDIENCE CO.,LTD, is a Korea-based company mainly engaged in the manufacture and sale of mother and baby healthcare products. The Company operates its business through two segments. The Maternal and Child Life segment mainly produces and sells products including life health goods under the brand name of B & B; skin care products under the brand name of Dr. ato and THE PURE; feeding supplies such as bottles and nipples; toy and development articles under the brand name of Yookidoo; products under the brand name of I.MOM, and other products. The Fashion segment mainly develops and sells children's clothing under the brand of Chocolat and MUAA, among others.
MEDIENCE CO., LTD. 