NEORIGIN Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 02:00 am EST
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NEORIGIN 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 5,641.04 million compared to KRW 8,386.25 million a year ago. Net income was KRW 443.1 million compared to KRW 1,552 million a year ago. Basic earnings per share from continuing operations was KRW 20 compared to KRW 105 a year ago. Basic earnings per share was KRW 20 compared to KRW 70 a year ago.
For the nine months, sales was KRW 21,945.16 million compared to KRW 18,083.26 million a year ago. Net loss was KRW 3,248.87 million compared to KRW 1,611.76 million a year ago. Basic loss per share from continuing operations was KRW 40 compared to KRW 15 a year ago. Basic loss per share was KRW 160 compared to KRW 75 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.
NEORIGIN CO., LTD. 
