Metalabs Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 03:58 am EDT
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Metalabs Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was KRW 5,231.92 million compared to KRW 6,304.03 million a year ago. Net loss was KRW 674.24 million compared to KRW 5,487.53 million a year ago. Basic loss per share from continuing operations was KRW 27 compared to KRW 307 a year ago. Basic loss per share was KRW 27 compared to KRW 308 a year ago. Diluted loss per share was KRW 27 compared to KRW 308 a year ago.
For the six months, sales was KRW 9,200.69 million compared to KRW 12,979.98 million a year ago. Net loss was KRW 498.66 million compared to KRW 6,666.93 million a year ago. Basic loss per share from continuing operations was KRW 20 compared to KRW 364 a year ago. Basic loss per share was KRW 20 compared to KRW 375 a year ago. Diluted loss per share was KRW 20 compared to KRW 375 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. 
