Kukdong Corporation Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 15, 2021 at 03:18 am EST
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Kukdong Corporation reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was KRW 62,219.09 million compared to KRW 78,511.61 million a year ago. Net loss was KRW 1,177.84 million compared to net income of KRW 5,981.23 million a year ago. Basic loss per share from continuing operations was KRW 24 compared to basic earnings per share from continuing operations of KRW 158 a year ago. Diluted loss per share from continuing operations was KRW 24 compared to diluted earnings per share from continuing operations of KRW 96 a year ago.
For the nine months, sales was KRW 158,763.08 million compared to KRW 208,163.23 million a year ago. Net loss was KRW 5,741.88 million compared to net income of KRW 23,026.02 million a year ago. Basic loss per share from continuing operations was KRW 119 compared to basic earnings per share from continuing operations of KRW 694 a year ago. Diluted loss per share from continuing operations was KRW 119 compared to diluted earnings per share from continuing operations of KRW 413 a year ago.
KUKDONG CORPORATION is a Korea-based company engaged in the original equipment manufacturing (OEM) of men's and women's knit apparels. The Company mainly provides knitwear and woven clothes. The Company's main clients comprise NIKE, HEMA, FOREVER 21, HEMA, CARHARTT, VF and others. In addition, the Company provides health care food. The Company mainly distributes its apparels to overseas markets.
KUKDONG CORPORATION 