Ilshin Spinning Co., Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 01:47 am EST
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Ilshin Spinning 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 0.00014 million compared to KRW 0.00065 million a year ago. Net income was KRW 1,430.6 million compared to net loss of KRW 6,160.99 million a year ago. Basic earnings per share from continuing operations was KRW 66 compared to basic loss per share from continuing operations of KRW 272 a year ago. Diluted earnings per share from continuing operations was KRW 66 compared to diluted loss per share from continuing operations of KRW 272 a year ago. Basic earnings per share was KRW 67 compared to basic loss per share of KRW 272 a year ago.
For the nine months, sales was KRW 0.00098 million compared to KRW 0.00002 million a year ago. Net income was KRW 2,684.75 million compared to KRW 16,472.65 million a year ago. Basic earnings per share from continuing operations was KRW 122 compared to KRW 728 a year ago. Diluted earnings per share from continuing operations was KRW 122 compared to KRW 728 a year ago. Basic earnings per share was KRW 122 compared to KRW 728 a year ago.
ILSHIN SPINNING CO., LTD is a Korea-based company principally engaged in the manufacture of textiles. The Company operates in five business divisions. Its textile division provides three categories of textiles: yarns, including combed cotton yarns, core spun yarns and blended yarns; dyed yarns and dyed fabrics, including rayon-blended yarns, cotton yarns, cotton knitted fabrics, cotton-blended fabrics and others, as well as fabric products. Its cosmetics division distributes cosmetics under the brand name of THE BODY SHOP. Its investment division involves in the venture capital business. Its wine division imports overseas wines and distributes them to domestic market. Its property leasing division involves in the leasing of commercial and industrial buildings.
ILSHIN SPINNING CO., LTD 
