Medience Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 16, 2022 at 04:00 am EDT
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Medience Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was KRW 241.04 million compared to KRW 219.32 million a year ago. Net loss was KRW 4,600.05 million compared to net income of KRW 6,967.74 million a year ago. Basic loss per share from continuing operations was KRW 1,613 compared to basic earnings per share from continuing operations of KRW 2,451 a year ago. Basic loss per share was KRW 1,613 compared to basic earnings per share of KRW 2,451 a year ago.
Medience Co., LTD., formerly BORYUNG MEDIENCE CO.,LTD, is a Korea-based company mainly engaged in the manufacture and sale of mother and baby healthcare products. The Company operates its business through two segments. The Maternal and Child Life segment mainly produces and sells products including life health goods under the brand name of B & B; skin care products under the brand name of Dr. ato and THE PURE; feeding supplies such as bottles and nipples; toy and development articles under the brand name of Yookidoo; products under the brand name of I.MOM, and other products. The Fashion segment mainly develops and sells children's clothing under the brand of Chocolat and MUAA, among others.
MEDIENCE CO., LTD. 
