Shinyoungwacoal,Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 13, 2022 at 07:15 pm EST
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Shinyoungwacoal,Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was KRW 57,141.92 million compared to KRW 52,969.01 million a year ago. Net income was KRW 4,317.59 million compared to KRW 5,201 million a year ago. Basic earnings per share from continuing operations was KRW 480 compared to KRW 578 a year ago. Basic earnings per share was KRW 480 compared to KRW 578 a year ago.
For the nine months, sales was KRW 3,853.8 million compared to KRW 3,971.04 million a year ago. Net income was KRW 10,188.07 million compared to KRW 8,839.56 million a year ago. Basic earnings per share from continuing operations was KRW 1,132 compared to KRW 982 a year ago. Basic earnings per share was KRW 1,132 compared to KRW 982 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. 
