Kyungbangco.Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 12:10 am
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Kyungbangco.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 866.4 million compared to KRW 727.47 million a year ago. Net loss was KRW 274.86 million compared to KRW 11,912.54 million a year ago. Basic loss per share from continuing operations was KRW 11 compared to KRW 478 a year ago. Diluted loss per share from continuing operations was KRW 11 compared to KRW 478 a year ago. Basic loss per share was KRW 11 compared to KRW 478 a year ago.
For the nine months, sales was KRW 2,240.88 million compared to KRW 2,026.36 million a year ago. Net loss was KRW 11,857.43 million compared to net income of KRW 2,528.24 million a year ago. Basic loss per share from continuing operations was KRW 476 compared to basic earnings per share from continuing operations of KRW 101 a year ago. Diluted loss per share from continuing operations was KRW 476 compared to diluted earnings per share from continuing operations of KRW 101 a year ago. Basic loss per share was KRW 476 compared to basic earnings per share of KRW 101 a year ago.
Kyungbang Ltd is a Korea-based company principally engaged in the manufacture and distribution of fabric products. The Company operates its business through three segments. The Complex Shopping Mall Business segment mainly operates times square, hotels, and department stores. The Textile Business segment manufactures and sells products such as yarn, cloth, and apparel. The Other Business segment provides real estate consulting services. The Company sells its products in domestic and overseas markets such as Asia and the Americas.