Medience Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 15, 2022 at 01:40 am EST
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Medience Co., 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 198.65 million compared to KRW 245 million a year ago. Net income was KRW 155.7 million compared to net loss of KRW 8,724.05 million a year ago. Basic earnings per share from continuing operations was KRW 13 compared to basic loss per share from continuing operations of KRW 754 a year ago. Basic earnings per share was KRW 13 compared to basic loss per share of KRW 754 a year ago.
For the nine months, sales was KRW 622.62 million compared to KRW 686.54 million a year ago. Net loss was KRW 9,420.43 million compared to net income of KRW 5,973.36 million a year ago. Basic loss per share from continuing operations was KRW 817 compared to basic earnings per share from continuing operations of KRW 517 a year ago. Basic loss per share was KRW 817 compared to basic earnings per share of KRW 517 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. 