Metalabs Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 15, 2021 at 02:50 am EST
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Metalabs 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 8,891.15 million compared to KRW 12,001.12 million a year ago. Net loss was KRW 881.87 million compared to net income of KRW 453.03 million a year ago. Basic loss per share from continuing operations was KRW 65 compared to basic earnings per share from continuing operations of KRW 65 a year ago. Basic loss per share was KRW 65 compared to basic earnings per share of KRW 35 a year ago. Diluted loss per share was KRW 65 compared to diluted earnings per share of KRW 35 a year ago.
For the nine months, sales was KRW 28,147.27 million compared to KRW 36,303.74 million a year ago. Net loss was KRW 1,101.49 million compared to KRW 4,418.9 million a year ago. Basic loss per share from continuing operations was KRW 230 compared to KRW 355 a year ago. Basic loss per share was KRW 85 compared to KRW 390 a year ago. Diluted loss per share was KRW 85 compared to KRW 390 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. 
