Wellbiotec Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 07:04 am
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Wellbiotec Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was KRW 0.00001 million. Net loss was KRW 2,294.71 million compared to KRW 3,065.44 million a year ago. Basic loss per share from continuing operations was KRW 26 compared to KRW 1 a year ago. Diluted loss per share from continuing operations was KRW 26. Basic loss per share was KRW 26 compared to KRW 1 a year ago.
For the nine months, sales was KRW 0.00001 million compared to KRW 0.00002 million a year ago. Net loss was KRW 1,106.79 million compared to net income of KRW 537.46 million a year ago. Basic loss per share from continuing operations was KRW 15 compared to basic earnings per share from continuing operations of KRW 8 a year ago. Diluted loss per share from continuing operations was KRW 15 compared to diluted earnings per share from continuing operations of KRW 8 a year ago. Basic loss per share was KRW 15 compared to basic earnings per share of KRW 8 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. 
