Wellbiotec Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 12, 2022 at 10:31 am IST
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Wellbiotec Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was KRW 0.00001 million compared to KRW 0.00001 million a year ago. Net income was KRW 3,684.25 million compared to net loss of KRW 2,077.42 million a year ago.
Basic earnings per share from continuing operations was KRW 63 compared to basic loss per share from continuing operations of KRW 44 a year ago. Diluted earnings per share from continuing operations was KRW 63 compared to diluted loss per share from continuing operations of KRW 44 a year ago. Basic earnings per share was KRW 63 compared to basic loss per share of KRW 44 a year ago.
WELLBIOTEC CO.,LTD, formerly YBROAD CO., LTD., is a Korea-based company engaged in the leather business. The Companyâs products portfolio consists of nappa, naked, soft and other types of leathers used for handbags; water proof, gore-tex, nubuck, white and washable leathers used for shoes; chrome and non-chrome leathers used for car seats; chrome and non-chrome, and grain leathers used for steering wheels, and others, including baseball glove leathers and belt leathers. It also involves in the integrated transportation business, as well as wholesale and retail of electrical equipment business through its subsidiaries. The Company supplies its leather products to Coach, Tumi, Juicy, Vicotornox, Brighton, Timberland, Foot Joy, Stride Rite, Honda, Acura, Suzuki, Toyota and others.