Gemvaxlink Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 15, 2021 at 03:12 am EST
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Gemvaxlink Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was KRW 26,062.57 million compared to KRW 24,969.31 million a year ago. Net income was KRW 3,048.83 million compared to KRW 2,624.06 million a year ago. Basic earnings per share from continuing operations was KRW 37 compared to KRW 34 a year ago. Diluted earnings per share from continuing operations was KRW 33 compared to KRW 32 a year ago. Basic earnings per share was KRW 37 compared to KRW 34 a year ago. Diluted earnings per share was KRW 33 compared to KRW 32 a year ago.
For the nine months, sales was KRW 80,192.57 million compared to KRW 70,554.67 million a year ago. Net income was KRW 13,828.48 million compared to KRW 6,546.68 million a year ago. Basic earnings per share from continuing operations was KRW 171 compared to KRW 86 a year ago. Diluted earnings per share from continuing operations was KRW 159 compared to KRW 84 a year ago. Basic earnings per share was KRW 171 compared to KRW 86 a year ago. Diluted earnings per share was KRW 159 compared to KRW 84 a year ago.
GemVaxLink Co Ltd, formerly Feelingk Co Ltd, is a Korea-based company mainly engaged in the sale of clothing miscellaneous goods. The Company operates its business through two segments. The Overseas Fashion Business segment sells apparel, fashion, miscellaneous goods, and luxury goods. The Wireless Internet Solution Business segment mainly develops wireless Internet solutions such as short message service center (SMSC) and long message service center (LMSC) systems, wireless application protocol (WAP) gateways and multimedia message service center (MMSC) systems, and other wireless Internet solutions such as ring back tone (RBT), unified messaging system (UMS) as well as wireless Internet platforms for interoperability (WIPI) globalization solutions under the brand name of Feelingk. The Company also involves in the management consulting and real estate rental business.
GEMVAXLINK CO., LTD. 
