Wellbiotec Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2023
April 08, 2024 at 03:13 am
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Wellbiotec Co., Ltd. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was KRW 12,087.35 million compared to KRW 32,512.46 million a year ago. Net loss was KRW 64,910.32 million compared to KRW 20,880.93 million a year ago.
Basic loss per share from continuing operations was KRW 820 compared to KRW 325 a year ago. Diluted loss per share from continuing operations was KRW 820 compared to KRW 325 a year ago. Basic loss per share was KRW 820 compared to KRW 325 a year ago.
WELLBIOTEC CO.,LTD, formerly YBROAD CO., LTD., is a Korea-based company engaged in the leather business. The Companyâs products portfolio consists of nappa, naked, soft and other types of leathers used for handbags; water proof, gore-tex, nubuck, white and washable leathers used for shoes; chrome and non-chrome leathers used for car seats; chrome and non-chrome, and grain leathers used for steering wheels, and others, including baseball glove leathers and belt leathers. It also involves in the integrated transportation business, as well as wholesale and retail of electrical equipment business through its subsidiaries. The Company supplies its leather products to Coach, Tumi, Juicy, Vicotornox, Brighton, Timberland, Foot Joy, Stride Rite, Honda, Acura, Suzuki, Toyota and others.