HYUNGJI INNOVATION & CREATIVE Co.,Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 09, 2022 at 02:01 am EST
Share
HYUNGJI INNOVATION & CREATIVE Co.,Ltd reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was KRW 14,484.93 million compared to KRW 12,387.65 million a year ago. Net loss was KRW 361.61 million compared to KRW 1,067.52 million a year ago. Basic loss per share from continuing operations was KRW 27 compared to KRW 81 a year ago. Basic loss per share was KRW 9 compared to KRW 27 a year ago.
For the nine months, sales was KRW 194.09 million compared to KRW 195.13 million a year ago. Net income was KRW 1,577.99 million compared to net loss of KRW 2,233.83 million a year ago. Basic earnings per share from continuing operations was KRW 123 compared to basic loss per share from continuing operations of KRW 171 a year ago. Diluted earnings per share from continuing operations was KRW 123 compared to diluted loss per share from continuing operations of KRW 171 a year ago. Basic earnings per share was KRW 41 compared to basic loss per share of KRW 57 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 
