Seoulin Bioscience Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023 at 03:01 am EST
Share
Seoulin Bioscience Co.,Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was KRW 13.85 million compared to KRW 2.08 million a year ago. Net income was KRW 563.13 million compared to KRW 1,172.49 million a year ago. Basic earnings per share from continuing operations was KRW 65.4349 compared to KRW 139.6595 a year ago. Basic earnings per share was KRW 65.4349 compared to KRW 136.7296 a year ago. Diluted earnings per share was KRW 65.4349 compared to diluted loss per share of KRW 113.2902 a year ago.
For the nine months, sales was KRW 32.26 million compared to KRW 49.56 million a year ago. Net income was KRW 2,425 million compared to KRW 9,247.67 million a year ago. Basic earnings per share from continuing operations was KRW 283.2256 compared to KRW 1,079.1871 a year ago. Basic earnings per share was KRW 283.2256 compared to KRW 1,079.1871 a year ago. Diluted earnings per share was KRW 283.2256 compared to KRW 685.6012 a year ago.
Seoulin Bioscience Co., Ltd is a Korea-based company engaged in the developing and manufacturing of basic equipment for bio research. The Company mainly engages in research and development of reagents, such as deoxyribonucleic acid (DNA) chips, which are used for gene therapy, clinical diagnosis, organs transplantation and biopsy; stem cells, which are used for treatment of incurable diseases, Alzheimer disease and others, and next-generation biotechnology drugs. The company supplies its products under the brand name MyLab. It also imports bio research equipment from Thermo Fisher, Affymetrix, Sarstedt and others, and markets in the domestic market. In addition, the Company engages in the real estate rental business.
SEOULIN BIOSCIENCE CO.,LTD. 
