Metalabs Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 02:28 am EST
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Metalabs Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was KRW 7,298.75 million compared to KRW 8,891.15 million a year ago. Net loss was KRW 1,655.76 million compared to KRW 881.87 million a year ago. Basic loss per share from continuing operations was KRW 60 compared to KRW 55 a year ago. Diluted loss per share from continuing operations was KRW 60 compared to KRW 55 a year ago. Basic loss per share was KRW 60 compared to KRW 55 a year ago. Diluted loss per share was KRW 60 compared to KRW 55 a year ago.
For the nine months, sales was KRW 25,937.84 million compared to KRW 28,147.27 million a year ago. Net loss was KRW 8,322.69 million compared to KRW 1,101.49 million a year ago. Basic loss per share from continuing operations was KRW 395 compared to KRW 38 a year ago. Diluted loss per share from continuing operations was KRW 395. Basic loss per share was KRW 395 compared to KRW 70 a year ago. Diluted loss per share was KRW 395 compared to KRW 70 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. 
