Westrise Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 07:36 am
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Westrise 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 0.00001 million compared to KRW 8.1 million a year ago. Net loss was KRW 1,953.44 million compared to KRW 339.94 million a year ago. Basic loss per share from continuing operations was KRW 178 compared to KRW 31 a year ago. Diluted loss per share from continuing operations was KRW 178 compared to KRW 31 a year ago. Basic loss per share was KRW 178 compared to KRW 31 a year ago.
For the nine months, sales was KRW 8.68 million compared to KRW 32.21 million a year ago. Net loss was KRW 5,260.69 million compared to KRW 6,627.05 million a year ago. Basic loss per share from continuing operations was KRW 479 compared to KRW 603 a year ago. Diluted loss per share from continuing operations was KRW 479 compared to KRW 603 a year ago. Basic loss per share was KRW 479 compared to KRW 603 a year ago.
Westrise Co Ltd, formerly FN Republic Co Ltd, is a Korea-based company mainly engaged in general product wholesale business. As a fashion and beauty brand distribution and marketing platform company, the Company is engaged in overseas clothing distribution and marketing business focusing on fashion clothing and miscellaneous goods. The Company is engaged in the wholesale and retail of cosmetics. The company mainly operates its business in China.