Gemvaxlink Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 11, 2022 at 02:44 am EST
Share
Gemvaxlink Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was KRW 23,365.15 million compared to KRW 26,062.57 million a year ago. Net loss was KRW 4,799.99 million compared to net income of KRW 3,048.83 million a year ago. Basic loss per share from continuing operations was KRW 57 compared to basic earnings per share from continuing operations of KRW 37 a year ago. Diluted loss per share from continuing operations was KRW 57 compared to diluted earnings per share from continuing operations of KRW 33 a year ago. Basic loss per share was KRW 57 compared to basic earnings per share of KRW 37 a year ago.
For the nine months, sales was KRW 75,481.34 million compared to KRW 80,192.57 million a year ago. Net loss was KRW 10,813.05 million compared to net income of KRW 13,828.48 million a year ago. Basic loss per share from continuing operations was KRW 130 compared to basic earnings per share from continuing operations of KRW 171 a year ago. Diluted loss per share from continuing operations was KRW 130 compared to diluted earnings per share from continuing operations of KRW 159 a year ago. Basic loss per share was KRW 130 compared to basic earnings per share of KRW 171 a year ago.
PonyLink Co Ltd, formerly GemVaxLink Co Ltd, is a Korea-based company principally engaged in the clothing miscellaneous goods business. The Company operates its business through three segments. The Overseas Clothing and Miscellaneous Goods Wholesale and Retail segment is mainly engaged in the overseas clothing accessories wholesale and retail business. The Wireless Internet Solutions segment is mainly engaged in the e-commerce platform construction, messaging communication marketing, and mobile platform construction business. The Finance segment is mainly engaged in the provision of management consulting services.