Medience Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 03:18 am EST
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Medience Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was KRW 232.66 million compared to KRW 198.65 million a year ago. Net income was KRW 5,056.41 million compared to KRW 250.51 million a year ago. Basic earnings per share from continuing operations was KRW 447 compared to KRW 22 a year ago. Basic earnings per share was KRW 447 compared to KRW 22 a year ago.
For the nine months, sales was KRW 725.31 million compared to KRW 622.62 million a year ago. Net income was KRW 2,964.87 million compared to net loss of KRW 9,420.43 million a year ago. Basic earnings per share from continuing operations was KRW 262 compared to basic loss per share from continuing operations of KRW 817 a year ago. Basic earnings per share was KRW 262 compared to basic loss per share of KRW 817 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. 
