BGF Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 16, 2022 at 12:58 pm IST
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BGF Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was KRW 29,612.79 million compared to KRW 23,932.77 million a year ago. Net loss was KRW 6,588.02 million compared to net income of KRW 24,830.43 million a year ago. Basic loss per share from continuing operations was KRW 69 compared to KRW 2 a year ago. Basic loss per share was KRW 69 compared to basic earnings per share of KRW 259 a year ago.
BGF Co Ltd, formerly BGF Retail Co Ltd, is a Korea-based holding company mainly engaged in the investment business. The Company operates its business through four segments. The Investment Business segmentâs main revenues are brand usage revenue from users of the BGF brand, management support service revenue through business services, and dividend revenue and rental revenue received from subsidiaries. The Golf Course Business segment engages in the operation of golf courses. The Advertisement and Delivery Business segment engages in digital signage advertisement business, business messaging business, mobile gift certificate business and cash receipt business, and provides convenience store delivery service. The Other Business segment engages in online food sales business, worker dispatch and commissioned operation business, eco-friendly product manufacturing and processing sales business, and other plastic product manufacturing business.
BGF CO., LTD. 
