Hansae Yes24 Holdings Co., Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 02:17 am EST
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Hansae Yes24 Holdings 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 746,155.64 million compared to KRW 838,992.89 million a year ago. Net income was KRW 17,427.03 million compared to net loss of KRW 2,384.85 million a year ago. Basic earnings per share from continuing operations was KRW 444 compared to basic loss per share from continuing operations of KRW 61 a year ago. Basic earnings per share was KRW 444 compared to basic loss per share of KRW 61 a year ago.
For the nine months, sales was KRW 2,130,072.05 million compared to KRW 2,589,959.65 million a year ago. Net income was KRW 41,657.35 million compared to KRW 38,695.08 million a year ago. Basic earnings per share from continuing operations was KRW 1,061 compared to KRW 986 a year ago. Basic earnings per share was KRW 1,061 compared to KRW 986 a year ago.
HANSAE YES24 HOLDINGS is a Korea-based holding company engaged in the management of its subsidiaries. The Companyâs subsidiaries include HANSAE CO., LTD., engaged in the original equipment manufacturing (OEM), wholesale, import and export of knit shirts, ladies wears and casual clothing and YES24 CO., LTD, engaged in Internet shopping mall business, which provides books, records, digital versatile discs (DVDs), tickets, e-learning and e-books. On February 20, 2014, it established a wholly owned subsidiary, mainly engaged in the manufacturing and sale of textiles and textile products, real estate business, Internet related business, and venture investment business. On March 26, 2014, the Company completed the transferring of entire shares of two subsidiaries, PT. Hansae Yes24 Indonesia and Hansae Yes24 Vina Co., Ltd.