HYUNGJI INNOVATION & CREATIVE Co.,Ltd Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 16, 2022 at 12:40 am EDT
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HYUNGJI INNOVATION & CREATIVE Co.,Ltd reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was KRW 20,623.57 million compared to KRW 18,477.6 million a year ago. Net income was KRW 2,476.05 million compared to net loss of KRW 823.7 million a year ago. Basic earnings per share from continuing operations was KRW 192 compared to basic loss per share from continuing operations of KRW 63 a year ago. Basic earnings per share was KRW 192 compared to basic loss per share of KRW 63 a year ago.
For the six months, sales was KRW 142.01 million compared to KRW 137.88 million a year ago. Net income was KRW 1,939.6 million compared to net loss of KRW 1,166.31 million a year ago. Basic earnings per share from continuing operations was KRW 150 compared to basic loss per share from continuing operations of KRW 90 a year ago. Diluted earnings per share from continuing operations was KRW 150. Basic earnings per share was KRW 150 compared to basic loss per share of KRW 90 a year ago.
HYUNGJI Innovation and Creative Company Limited, formerly WOOSUNG INNOVATION & CREATIVE Co.,Ltd is a Korea-based company engaged in the manufacture and marketing of menâs apparels. The Company has four principal brands: YEZAC, which is a luxury styling dress shirt brand targeting customers in their twenties to forties; LANVIN, which is a licensed brand targeting customers in their twenties to fifties; BON, a casual brand targeting consumers in twenties and thirties, and BON-g.floor, a casual brand targeting consumers in twenties. The Company distributes its products through department stores, sales agencies and discount stores. On Aril 30, 2014, it merged with Emoda,Co.,Ltd., which is engaged in the manufacture and distribution of women garments.
HYUNGJI INNOVATION & CREATIVE CO.,LTD 
