Wellbiotec Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 02:01 am
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Wellbiotec Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported net loss was KRW 3,065.44 million compared to KRW 534.28 million a year ago. Basic loss per share from continuing operations was KRW 46 compared to KRW 38 a year ago. Diluted loss per share from continuing operations was KRW 46 compared to KRW 38 a year ago. Basic loss per share was KRW 46 compared to KRW 9 a year ago.
For the nine months, sales was KRW 0.00002 million compared to KRW 0.00001 million a year ago. Net income was KRW 537.46 million compared to net loss of KRW 8,369.63 million a year ago. Basic earnings per share from continuing operations was KRW 8 compared to basic loss per share from continuing operations of KRW 186 a year ago. Diluted earnings per share from continuing operations was KRW 8 compared to diluted loss per share from continuing operations of KRW 186 a year ago. Basic earnings per share was KRW 8 compared to basic loss per share of KRW 161 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.
WELLBIOTEC CO., LTD. 
