BGF Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 02:51 am EST
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BGF 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 44,259.8 million compared to KRW 22,206.38 million a year ago. Net income was KRW 15,868.6 million compared to KRW 11,757.12 million a year ago. Basic earnings per share from continuing operations was KRW 163 compared to KRW 160 a year ago. Basic earnings per share was KRW 166 compared to KRW 123 a year ago.
For the nine months, sales was KRW 89,256.92 million compared to KRW 57,928.85 million a year ago. Net income was KRW 32,481.06 million compared to KRW 44,587.52 million a year ago. Basic earnings per share from continuing operations was KRW 424 compared to KRW 303 a year ago. Basic earnings per share was KRW 339 compared to KRW 466 a year ago.
BGF Co Ltd, formerly BGF Retail Co Ltd, is a Korea-based holding company mainly engaged in the investment business. The Company operates its business through four segments. The Investment Business segmentâs main revenues are brand usage revenue from users of the BGF brand, management support service revenue through business services, and dividend revenue and rental revenue received from subsidiaries. The Golf Course Business segment engages in the operation of golf courses. The Advertisement and Delivery Business segment engages in digital signage advertisement business, business messaging business, mobile gift certificate business and cash receipt business, and provides convenience store delivery service. The Other Business segment engages in online food sales business, worker dispatch and commissioned operation business, eco-friendly product manufacturing and processing sales business, and other plastic product manufacturing business.
BGF CO., LTD. 
