Gemvaxlink Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 11, 2023 at 04:18 am
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Gemvaxlink Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was KRW 18,196.97 million compared to KRW 28,459.4 million a year ago. Net loss was KRW 2,279.96 million compared to KRW 6,638.75 million a year ago. Basic loss per share from continuing operations was KRW 29 compared to KRW 80 a year ago. Diluted loss per share from continuing operations was KRW 29 compared to KRW 80 a year ago. Basic loss per share was KRW 29 compared to KRW 80 a year ago.
For the six months, sales was KRW 34,007.16 million compared to KRW 52,116.18 million a year ago. Net loss was KRW 1,162.52 million compared to KRW 6,013.06 million a year ago. Basic loss per share from continuing operations was KRW 14 compared to KRW 72 a year ago. Diluted loss per share from continuing operations was KRW 14 compared to KRW 72 a year ago. Basic loss per share was KRW 14 compared to KRW 72 a year ago.
GemVaxLink Co Ltd, formerly Feelingk Co Ltd, is a Korea-based company mainly engaged in the sale of clothing miscellaneous goods. The Company operates its business through two segments. The Overseas Fashion Business segment sells apparel, fashion, miscellaneous goods, and luxury goods. The Wireless Internet Solution Business segment mainly develops wireless Internet solutions such as short message service center (SMSC) and long message service center (LMSC) systems, wireless application protocol (WAP) gateways and multimedia message service center (MMSC) systems, and other wireless Internet solutions such as ring back tone (RBT), unified messaging system (UMS) as well as wireless Internet platforms for interoperability (WIPI) globalization solutions under the brand name of Feelingk. The Company also involves in the management consulting and real estate rental business.