Kyungbangco.Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
May 13, 2022 at 02:11 am EDT
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Kyungbangco.Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was KRW 96,786.2 million compared to KRW 82,570.75 million a year ago. Net income was KRW 15,130.86 million compared to KRW 6,839.49 million a year ago. Basic earnings per share from continuing operations was KRW 607 compared to KRW 263 a year ago. Basic earnings per share was KRW 607 compared to KRW 263 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.