BGF Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 16, 2022 at 03:33 am
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BGF 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 36,136.34 million compared to KRW 23,946.68 million a year ago. Net income was KRW 23,200.48 million compared to KRW 7,999.98 million a year ago. Basic earnings per share from continuing operations was KRW 265 compared to KRW 118 a year ago. Basic earnings per share was KRW 243 compared to KRW 84 a year ago.
For the six months, sales was KRW 44,997.12 million compared to KRW 35,722.47 million a year ago. Net income was KRW 16,612.46 million compared to KRW 32,830.4 million a year ago. Basic earnings per share from continuing operations was KRW 261 compared to KRW 142 a year ago. Basic earnings per share was KRW 173 compared to KRW 343 a year ago.
BGF Co Ltd, formerly BGF Retail Co Ltd, is a Korea-based holding company mainly engaged in the investment business. The Company operates its business through four segments. The Investment Business segmentâs main revenues are brand usage revenue from users of the BGF brand, management support service revenue through business services, and dividend revenue and rental revenue received from subsidiaries. The Golf Course Business segment engages in the operation of golf courses. The Advertisement and Delivery Business segment engages in digital signage advertisement business, business messaging business, mobile gift certificate business and cash receipt business, and provides convenience store delivery service. The Other Business segment engages in online food sales business, worker dispatch and commissioned operation business, eco-friendly product manufacturing and processing sales business, and other plastic product manufacturing business.