Metalabs Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 12, 2022 at 02:30 am EDT
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Metalabs Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was KRW 8,786.81 million compared to KRW 10,127.42 million a year ago. Net loss was KRW 5,487.53 million compared to net income of KRW 640.57 million a year ago. Basic loss per share from continuing operations was KRW 370 compared to KRW 125 a year ago. Diluted loss per share from continuing operations was KRW 370 compared to KRW 125 a year ago. Basic loss per share was KRW 370 compared to basic earnings per share of KRW 45 a year ago. Diluted loss per share was KRW 370 compared to diluted earnings per share of KRW 45 a year ago.
For the six months, sales was KRW 18,639.08 million compared to KRW 19,256.12 million a year ago. Net loss was KRW 6,666.93 million compared to KRW 219.62 million a year ago. Basic loss per share from continuing operations was KRW 450 compared to KRW 155 a year ago. Diluted loss per share from continuing operations was KRW 450. Basic loss per share was KRW 450 compared to KRW 15 a year ago. Diluted loss per share was KRW 450 compared to KRW 15 a year ago.
METALABS CO., LTD., formerly AVISTA INC., is a Korea-based company mainly engaged in the casual apparel business. The Company produces and sells casual apparel and accessories under the brand of BNX, which is feminine and romantic character for women in their twenties; TANKUS, which is casual apparel with detailed design and dynamic color and fabrics; eryn brinie, which is soft and simple character casual apparel, and Kai-aakmann, which is feminine and masculine look character for men and women in their twenties. In addition, it is engaged in the overseas wholesale and retail of products through its affiliates in Shanghai, New York and Milano.
METALABS CO., LTD. 
