Wellbiotec Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2023
May 12, 2023 at 08:16 am
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Wellbiotec Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was KRW 0.00001 million compared to KRW 0.00001 million a year ago. Net loss was KRW 520.62 million compared to net income of KRW 3,684.25 million a year ago.
Basic loss per share from continuing operations was KRW 8 compared to basic earnings per share from continuing operations of KRW 63 a year ago. Diluted loss per share from continuing operations was KRW 8 compared to diluted earnings per share from continuing operations of KRW 63 a year ago. Basic loss per share was KRW 8 compared to basic earnings per share of KRW 63 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.
WELLBIOTEC CO., LTD. 
