NEORIGIN Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 12:01 am EDT
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NEORIGIN 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 8,239.52 million compared to KRW 6,482.67 million a year ago. Net loss was KRW 4,362.14 million compared to KRW 1,485.06 million a year ago. Basic loss per share from continuing operations was KRW 110 compared to KRW 50 a year ago. Basic loss per share was KRW 210 compared to KRW 70 a year ago.
For the six months, sales was KRW 16,304.12 million compared to KRW 9,697.01 million a year ago. Net loss was KRW 3,691.97 million compared to KRW 3,163.76 million a year ago. Basic loss per share from continuing operations was KRW 60 compared to KRW 120 a year ago. Basic loss per share was KRW 180 compared to KRW 150 a year ago.
Neorigin Co Ltd, formerly KornicGlory Co Ltd, is a Korea-based company principally engaged in the provision of security solutions. The Company operates its business through two segments. The Security Business segment provides security solutions such as wired security solutions, wireless security solutions, and other security solutions. The Cosmetics Business segment provides skin moisturizing and basic makeup products such as Ato Derma and restore firming cream.