Able C&C Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 16, 2022 at 04:35 am EDT
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Able C&C Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was KRW 229.62 million compared to KRW 851.24 million a year ago. Net income was KRW 572.54 million compared to net loss of KRW 27,016.07 million a year ago. Basic earnings per share from continuing operations was KRW 22 compared to basic loss per share from continuing operations of KRW 1,039 a year ago. Diluted earnings per share from continuing operations was KRW 22 compared to diluted loss per share from continuing operations of KRW 1,039 a year ago. Basic earnings per share was KRW 22 compared to basic loss per share of KRW 1,039 a year ago.
For the six months, sales was KRW 921.64 million compared to KRW 1,211.95 million a year ago. Net income was KRW 82.69 million compared to net loss of KRW 30,618.44 million a year ago. Basic earnings per share from continuing operations was KRW 3 compared to basic loss per share from continuing operations of KRW 1,177 a year ago. Diluted earnings per share from continuing operations was KRW 3 compared to diluted loss per share from continuing operations of KRW 1,177 a year ago. Basic earnings per share was KRW 3 compared to basic loss per share of KRW 1,177 a year ago.
Able C&C Co Ltd is a Korea-based company mainly engaged in the manufacture and sale of cosmetics. The Companyâs main products include base makeup, point makeup, skin care, body care products, hair care products, cleansing, masks, and men's cosmetics. The cosmetics are produced and sold under the name of MISSHA, AâPIEU, SWISSPURE, EAU DE LOVE. The Companyâs products are sold through franchise stores, retail stores as well as the Internet. The Company distributes its products in domestic and overseas markets such as America, Japan and China.