Cosmax BTI, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 04:24 am EDT
Share
Cosmax BTI, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was KRW 11,041.23 million compared to KRW 10,086.94 million a year ago. Net income was KRW 7,413.14 million compared to KRW 3,676.28 million a year ago.
For the six months, sales was KRW 20,688.23 million compared to KRW 19,762.83 million a year ago. Net income was KRW 6,204.85 million compared to KRW 6,701.78 million a year ago.
Cosmax BTI Inc is a Korea-based company principally engaged in the manufacture and sale of health functional foods. The Company operates its business through two segments. The Health Functional Food segment is engaged in the manufacture and sale of health functional foods such as Liquid Calcium with Magnesium and Red Ginseng Every Time. The segment is also engaged in the real estate leasing business. The Other segment is engaged in the manufacture and sale of pharmaceutical and cosmetic raw materials. In addition, the Other segment is also engaged in the owning intellectual property rights and providing management support services as well as others.