Cosmax BTI, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 01:12 pm IST
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Cosmax BTI, 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 11,885.36 million compared to KRW 9,410.46 million a year ago. Net income was KRW 3,386.81 million compared to net loss of KRW 223.3 million a year ago. Basic earnings per share from continuing operations was KRW 320 compared to basic loss per share from continuing operations of KRW 23 a year ago. Diluted earnings per share from continuing operations was KRW 339 compared to diluted loss per share from continuing operations of KRW 1 a year ago.
For the nine months, sales was KRW 32,573.59 million compared to KRW 29,173.29 million a year ago. Net income was KRW 9,591.66 million compared to KRW 6,478.48 million a year ago. Basic earnings per share from continuing operations was KRW 506 compared to KRW 237 a year ago. Diluted earnings per share from continuing operations was KRW 510 compared to KRW 254 a year ago.
COSMAXBTI, INC. is a Korea-based company mainly engaged in manufacturing cosmetics. Through its subsidiaries in China, Indonesia and the United Sates, the Company operates its business through three segments: cosmetics segment, which produces cosmetics such as skin care, make-up, hair care and functional cosmetics; healthy food segment, which produces vitamins and diet drugs, and other segment, which produces cosmetics and plastic pumps. The Company distributes its products within domestic market and to overseas markets.
COSMAX BTI, INC. 
