HLB Therapeutics Co.,Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 04:39 am EDT
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HLB Therapeutics Co.,Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was KRW 15 million compared to KRW 331.85 million a year ago. Net income was KRW 3,185.73 million compared to net loss of KRW 1,905.15 million a year ago. Basic earnings per share from continuing operations was KRW 44.6763 compared to basic loss per share from continuing operations of KRW 28.7729 a year ago. Diluted earnings per share from continuing operations was KRW 44.57 compared to diluted loss per share from continuing operations of KRW 28.7729 a year ago. Basic earnings per share was KRW 43.7101 compared to basic loss per share of KRW 28.9855 a year ago. Diluted earnings per share was KRW 43.6039.
For the six months, sales was KRW 15 million compared to KRW 354.96 million a year ago. Net income was KRW 2,877.26 million compared to net loss of KRW 3,870.22 million a year ago. Basic earnings per share from continuing operations was KRW 42.5894 compared to basic loss per share from continuing operations of KRW 59.1304 a year ago. Diluted earnings per share from continuing operations was KRW 42.5024 compared to diluted loss per share from continuing operations of KRW 59.1304 a year ago. Basic earnings per share was KRW 39.6908 compared to basic loss per share of KRW 59.9034 a year ago. Diluted earnings per share was KRW 39.6039.
HLB Therapeutics Co Ltd, formerly G-treeBNT Co Ltd, is a Korea-based company engaged in the research and development of optimized multimedia software for various digital appliances including cellular phones. Along with its affiliates, the Company operates solution business segment, which provides embedded graphic user interface (GUI) software solutions as well as wired and wireless integration multimedia platform solutions. Its embedded GUI products include FXUI-two-dimensional (2D), FXUI-three-dimensional (3D) and FX Studio, which are used for cellular phones and embedded equipment. Its wired and wireless integration multimedia platform products include FX-Flash and others, which are used for cellular phones and other mobile devices; electronic components manufacturing business segment, which provides transformers, pumps, motors and others, as well as educational and bio pharmaceutical business segments.