Wellbiotec Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 15, 2021 at 01:01 pm IST
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Wellbiotec Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported net loss was KRW 534.28 million compared to KRW 7,187.6 million a year ago. Basic loss per share from continuing operations was KRW 9 compared to KRW 165 a year ago. Diluted loss per share from continuing operations was KRW 9 compared to KRW 165 a year ago. Basic loss per share was KRW 9 compared to KRW 165 a year ago.
For the nine months, net loss was KRW 8,369.63 million compared to KRW 34,155.93 million a year ago. Basic loss per share from continuing operations was KRW 154 compared to KRW 790 a year ago. Diluted loss per share from continuing operations was KRW 154 compared to KRW 790 a year ago. Basic loss per share was KRW 154 compared to KRW 790 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.