Shinsung Tongsang Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2021
February 14, 2022 at 02:35 am EST
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Shinsung Tongsang Co., Ltd. reported earnings results for the second quarter and six months ended December 31, 2021. For the second quarter, the company reported sales was KRW 2,295.59 million compared to KRW 2,136.74 million a year ago. Net income was KRW 44,260.35 million compared to KRW 20,384.9 million a year ago. Basic earnings per share from continuing operations was KRW 308 compared to KRW 142 a year ago. Basic earnings per share was KRW 308 compared to KRW 142 a year ago.
For the six months, sales was KRW 3,745.44 million compared to KRW 3,418.72 million a year ago. Net income was KRW 49,033.36 million compared to KRW 17,274.39 million a year ago. Basic earnings per share from continuing operations was KRW 341 compared to KRW 120 a year ago. Basic earnings per share was KRW 341 compared to KRW 120 a year ago.
SHINSUNGTONGSANG.CO.,LTD. is a Korea-based company principally engaged in the manufacturing of apparels. The Company operates in two segments: manufacturing segment and retail segment. It is the original equipment manufacturer (OEM) of knit apparels such as shirts, sweaters, jackets and others, which provided to Gap, Old Navy, Target, WalMart and other buyers. It supplies its casual apparels under the brand name OLZEN, UNIONBAY, TOPTEN and ZIOZIA. Its retail segment provides foodstuff. It also involves in the rental business. The Company distributes its apparel products within domestic market and to overseas market.
SHINSUNG TONGSANG CO., LTD. 