Shinyoungwacoal,Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 15, 2022 at 08:18 pm EDT
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Shinyoungwacoal,Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was KRW 61,471.17 million compared to KRW 53,816.81 million a year ago. Net income was KRW 3,104.91 million compared to KRW 2,194.4 million a year ago. Basic earnings per share from continuing operations was KRW 345 compared to KRW 243 a year ago. Basic earnings per share was KRW 345 compared to KRW 243 a year ago.
For the six months, sales was KRW 2,591.7 million compared to KRW 2,570.07 million a year ago. Net income was KRW 5,870.48 million compared to KRW 3,638.57 million a year ago. Basic earnings per share from continuing operations was KRW 652 compared to KRW 404 a year ago. Basic earnings per share was KRW 652 compared to KRW 404 a year ago.
SHINYOUNG WACOAL, INC. is a Korea-based company engaged in the manufacture and distribution of women's underwear. The Company provides foundation lingerie and stockings through department stores, discount stores, wholesale stores and ordinary shops, under the brand names of VENUS, WACOAL, MATHERPIA, ORLFA, ANETA, SOLB, JASMIN, ART-BEAU, TRENO and REMAMMA, among others. The Company is also engaged in the real estate leasing business. The Company distributes its products within domestic market and to overseas market.
SHINYOUNGWACOAL,INC. 
