Kukdong Corporation Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 12, 2022 at 11:18 am IST
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Kukdong Corporation reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was KRW 89,285.85 million compared to KRW 53,551.03 million a year ago. Net loss was KRW 2,509.61 million compared to KRW 2,879.17 million a year ago. Basic loss per share from continuing operations was KRW 46 compared to KRW 55 a year ago. Diluted loss per share from continuing operations was KRW 46 compared to KRW 55 a year ago. Basic loss per share was KRW 46 compared to KRW 55 a year ago.
For the six months, sales was KRW 159,840.63 million compared to KRW 96,543.99 million a year ago. Net loss was KRW 1,270.15 million compared to KRW 4,564.04 million a year ago. Basic loss per share from continuing operations was KRW 23 compared to KRW 100 a year ago. Diluted loss per share from continuing operations was KRW 23 compared to KRW 100 a year ago. Basic loss per share was KRW 23 compared to KRW 100 a year ago.
KUKDONG CORPORATION is a Korea-based company engaged in the original equipment manufacturing (OEM) of men's and women's knit apparels. The Company mainly provides knitwear and woven clothes. The Company's main clients comprise NIKE, HEMA, FOREVER 21, HEMA, CARHARTT, VF and others. In addition, the Company provides health care food. The Company mainly distributes its apparels to overseas markets.