Westrise Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 03:29 am EDT
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Westrise Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was KRW 1,002.97 million compared to KRW 6,687.13 million a year ago. Net loss was KRW 4,895.14 million compared to KRW 3,753.72 million a year ago. Basic loss per share from continuing operations was KRW 145 compared to KRW 342 a year ago. Diluted loss per share from continuing operations was KRW 145 compared to KRW 342 a year ago. Basic loss per share was KRW 145 compared to KRW 342 a year ago.
For the six months, sales was KRW 0.00001 million compared to KRW 8.68 million a year ago. Net loss was KRW 5,267.86 million compared to KRW 3,307.25 million a year ago. Basic loss per share from continuing operations was KRW 170 compared to KRW 301 a year ago. Diluted loss per share from continuing operations was KRW 170 compared to KRW 301 a year ago. Basic loss per share was KRW 170 compared to KRW 301 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.