Gemvaxlink Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 13, 2022 at 09:00 am
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Gemvaxlink Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was KRW 23,656.79 million compared to KRW 24,342.16 million a year ago. Net income was KRW 625.69 million compared to KRW 2,972.21 million a year ago. Basic earnings per share from continuing operations was KRW 8 compared to KRW 38 a year ago. Diluted earnings per share from continuing operations was KRW 7 compared to KRW 36 a year ago. Basic earnings per share was KRW 8 compared to KRW 38 a year ago. Diluted earnings per share was KRW 7 compared to KRW 36 a year ago.
GemVaxLink Co Ltd, formerly Feelingk Co Ltd, is a Korea-based company mainly engaged in the sale of clothing miscellaneous goods. The Company operates its business through two segments. The Overseas Fashion Business segment sells apparel, fashion, miscellaneous goods, and luxury goods. The Wireless Internet Solution Business segment mainly develops wireless Internet solutions such as short message service center (SMSC) and long message service center (LMSC) systems, wireless application protocol (WAP) gateways and multimedia message service center (MMSC) systems, and other wireless Internet solutions such as ring back tone (RBT), unified messaging system (UMS) as well as wireless Internet platforms for interoperability (WIPI) globalization solutions under the brand name of Feelingk. The Company also involves in the management consulting and real estate rental business.