Shinyoungwacoal,Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023 at 07:18 pm EST
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Shinyoungwacoal,Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was KRW 54,844.82 million compared to KRW 57,141.92 million a year ago. Net income was KRW 2,613.2 million compared to KRW 4,317.59 million a year ago. Basic earnings per share from continuing operations was KRW 290 compared to KRW 480 a year ago. Basic earnings per share was KRW 290 compared to KRW 480 a year ago.
For the nine months, sales was KRW 3,865.78 million compared to KRW 3,853.8 million a year ago. Net income was KRW 7,641.02 million compared to KRW 10,188.07 million a year ago. Basic earnings per share from continuing operations was KRW 849 compared to KRW 1,132 a year ago. Basic earnings per share was KRW 849 compared to KRW 1,132 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. 
