Metalabs Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 03:11 am EST
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Metalabs Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was KRW 5,060.31 million compared to KRW 4,728.02 million a year ago. Net loss was KRW 557.13 million compared to KRW 1,655.76 million a year ago. Basic loss per share from continuing operations was KRW 22 compared to KRW 56 a year ago. Basic loss per share was KRW 22 compared to KRW 50 a year ago. Diluted loss per share was KRW 22.
For the nine months, sales was KRW 14,261 million compared to KRW 17,708 million a year ago. Net loss was KRW 1,055.79 million compared to KRW 8,322.69 million a year ago. Basic loss per share from continuing operations was KRW 42 compared to KRW 331 a year ago. Basic loss per share was KRW 42 compared to KRW 331 a year ago. Diluted loss per share was KRW 42 compared to KRW 331 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.