Gemvaxlink Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 12, 2022 at 03:33 am
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Gemvaxlink 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 28,459.4 million compared to KRW 29,787.84 million a year ago. Net loss was KRW 6,638.75 million compared to net income of KRW 7,807.44 million a year ago. Basic loss per share from continuing operations was KRW 80 compared to basic earnings per share from continuing operations of KRW 97 a year ago. Diluted loss per share from continuing operations was KRW 80 compared to diluted earnings per share from continuing operations of KRW 94 a year ago. Basic loss per share was KRW 80 compared to basic earnings per share of KRW 97 a year ago.
For the six months, sales was KRW 52,116.18 million compared to KRW 54,130 million a year ago. Net loss was KRW 6,013.06 million compared to net income of KRW 10,779.65 million a year ago. Basic loss per share from continuing operations was KRW 72 compared to basic earnings per share from continuing operations of KRW 135 a year ago. Diluted loss per share from continuing operations was KRW 72 compared to diluted earnings per share from continuing operations of KRW 128 a year ago. Basic loss per share was KRW 72 compared to basic earnings per share of KRW 135 a year ago.
PonyLink Co Ltd, formerly GemVaxLink Co Ltd, is a Korea-based company principally engaged in the clothing miscellaneous goods business. The Company operates its business through three segments. The Overseas Clothing and Miscellaneous Goods Wholesale and Retail segment is mainly engaged in the overseas clothing accessories wholesale and retail business. The Wireless Internet Solutions segment is mainly engaged in the e-commerce platform construction, messaging communication marketing, and mobile platform construction business. The Finance segment is mainly engaged in the provision of management consulting services.