HYUNGJI INNOVATION & CREATIVE Co.,Ltd Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 02:16 pm IST
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HYUNGJI INNOVATION & CREATIVE Co.,Ltd reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was KRW 83.72 million compared to KRW 81.18 million a year ago. Net loss was KRW 733.2 million compared to net income of KRW 2,476.05 million a year ago. Basic loss per share from continuing operations was KRW 19 compared to basic earnings per share from continuing operations of KRW 64 a year ago. Basic loss per share was KRW 19 compared to basic earnings per share of KRW 64 a year ago.
For the six months, sales was KRW 178.57 million compared to KRW 142.01 million a year ago. Net loss was KRW 1,343.51 million compared to net income of KRW 1,939.6 million a year ago. Basic loss per share from continuing operations was KRW 53 compared to basic earnings per share from continuing operations of KRW 50 a year ago. Basic loss per share was KRW 53 compared to basic earnings per share of KRW 50 a year ago.
HYUNGJI Innovation and Creative Company Limited, formerly WOOSUNG INNOVATION & CREATIVE Co.,Ltd is a Korea-based company engaged in the manufacture and marketing of menâs apparels. The Company has four principal brands: YEZAC, which is a luxury styling dress shirt brand targeting customers in their twenties to forties; LANVIN, which is a licensed brand targeting customers in their twenties to fifties; BON, a casual brand targeting consumers in twenties and thirties, and BON-g.floor, a casual brand targeting consumers in twenties. The Company distributes its products through department stores, sales agencies and discount stores. On Aril 30, 2014, it merged with Emoda,Co.,Ltd., which is engaged in the manufacture and distribution of women garments.