NEORIGIN Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 01:38 am EST
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NEORIGIN 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 9,636.81 million compared to KRW 2,557.52 million a year ago. Net income was KRW 639.6 million compared to net loss of KRW 975.85 million a year ago. Basic earnings per share from continuing operations was KRW 6 compared to basic loss per share from continuing operations of KRW 15 a year ago. Basic earnings per share was KRW 6 compared to basic loss per share of KRW 18 a year ago.
For the nine months, sales was KRW 25,418.1 million compared to KRW 14,427.63 million a year ago. Net loss was KRW 2,524.16 million compared to KRW 1,474.91 million a year ago. Basic loss per share from continuing operations was KRW 25 compared to KRW 23.3333 a year ago. Basic loss per share was KRW 25 compared to KRW 28 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.