STO Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 01:28 am EST
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STO 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 13,627.3 million compared to KRW 14,476.4 million a year ago. Net loss was KRW 987.03 million compared to KRW 214.21 million a year ago. Basic loss per share from continuing operations was KRW 81 compared to KRW 18 a year ago. Basic loss per share was KRW 81 compared to KRW 18 a year ago.
For the nine months, sales was KRW 0.00001 million compared to KRW 0.00001 million a year ago. Net income was KRW 327.61 million compared to KRW 832.87 million a year ago. Basic earnings per share from continuing operations was KRW 27 compared to KRW 69 a year ago. Basic earnings per share was KRW 27 compared to KRW 69 a year ago.
STO Co., Ltd. is a Korea-based company principally engaged in the manufacture and sale of men's clothing. The Company manufactures men's character casual and lifestyle wears, including shirts, jackets, trousers, among others. The Company sells its products through distributors, retail stores, discount stores and online distribution networks.