Ilshin Spinning Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2023
May 15, 2023 at 04:22 am EDT
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Ilshin Spinning Co.,Ltd reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was KRW 0.0006 million compared to negative sales of KRW 0.00048 million a year ago. Net income was KRW 7,747.59 million compared to KRW 14,753.21 million a year ago.
Basic earnings per share from continuing operations was KRW 338.3 compared to KRW 651.6 a year ago. Basic earnings per share was KRW 3,383 compared to KRW 6,516 a year ago.
ILSHIN SPINNING CO., LTD is a Korea-based company principally engaged in the manufacture of textiles. The Company operates in five business divisions. Its textile division provides three categories of textiles: yarns, including combed cotton yarns, core spun yarns and blended yarns; dyed yarns and dyed fabrics, including rayon-blended yarns, cotton yarns, cotton knitted fabrics, cotton-blended fabrics and others, as well as fabric products. Its cosmetics division distributes cosmetics under the brand name of THE BODY SHOP. Its investment division involves in the venture capital business. Its wine division imports overseas wines and distributes them to domestic market. Its property leasing division involves in the leasing of commercial and industrial buildings.
ILSHIN SPINNING CO., LTD 
