Cosmax BTI, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 01:38 am EST
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Cosmax BTI, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was KRW 9,410.46 million compared to KRW 10,144.57 million a year ago. Net loss was KRW 223.3 million compared to net income of KRW 1,173.91 million a year ago. Basic loss per share from continuing operations was KRW 23 compared to basic earnings per share from continuing operations of KRW 123 a year ago. Diluted loss per share from continuing operations was KRW 1 compared to diluted earnings per share from continuing operations of KRW 138 a year ago. Basic loss per share was KRW 23 compared to basic earnings per share of KRW 123 a year ago. Diluted loss per share was KRW 1 compared to diluted earnings per share of KRW 138 a year ago.
For the nine months, sales was KRW 29,173.29 million compared to KRW 28,730.98 million a year ago. Net income was KRW 6,478.48 million compared to KRW 15,514.98 million a year ago. Basic earnings per share from continuing operations was KRW 678 compared to KRW 1,624 a year ago. Diluted earnings per share from continuing operations was KRW 675 compared to KRW 1,590 a year ago. Basic earnings per share was KRW 678 compared to KRW 1,624 a year ago. Diluted earnings per share was KRW 675 compared to KRW 1,590 a year ago.
COSMAXBTI, INC. is a Korea-based company mainly engaged in manufacturing cosmetics. Through its subsidiaries in China, Indonesia and the United Sates, the Company operates its business through three segments: cosmetics segment, which produces cosmetics such as skin care, make-up, hair care and functional cosmetics; healthy food segment, which produces vitamins and diet drugs, and other segment, which produces cosmetics and plastic pumps. The Company distributes its products within domestic market and to overseas markets.