Kyungbang Co.,Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 11, 2021 at 10:08 pm EST
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Kyungbang Co.,Ltd reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was KRW 93,476.72 million compared to KRW 84,321.71 million a year ago. Net income was KRW 797.92 million compared to KRW 3,841.27 million a year ago. Basic earnings per share from continuing operations was KRW 31 compared to KRW 148 a year ago. Diluted earnings per share from continuing operations was KRW 31 compared to KRW 148 a year ago. Basic earnings per share was KRW 31 compared to KRW 148 a year ago.
For the nine months, sales was KRW 2,483.54 million compared to KRW 3,736.81 million a year ago. Net income was KRW 18,020.14 million compared to KRW 6,266.29 million a year ago. Basic earnings per share from continuing operations was KRW 702 compared to KRW 240 a year ago. Diluted earnings per share from continuing operations was KRW 702 compared to KRW 240 a year ago. Basic earnings per share was KRW 702 compared to KRW 240 a year ago.
Kyungbang Ltd is a Korea-based company principally engaged in the manufacture and distribution of fabric products. The Company operates its business through three segments. The Complex Shopping Mall Business segment mainly operates times square, hotels, and department stores. The Textile Business segment manufactures and sells products such as yarn, cloth, and apparel. The Other Business segment provides real estate consulting services. The Company sells its products in domestic and overseas markets such as Asia and the Americas.