Gemvaxlink Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 03:03 am EST
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Gemvaxlink 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 16,890.19 million compared to KRW 23,365.15 million a year ago. Net loss was KRW 5,587.12 million compared to KRW 4,799.99 million a year ago. Basic loss per share from continuing operations was KRW 72 compared to KRW 57 a year ago. Diluted loss per share from continuing operations was KRW 72 compared to KRW 57 a year ago. Basic loss per share was KRW 72 compared to KRW 57 a year ago.
For the nine months, sales was KRW 50,897.35 million compared to KRW 75,481.34 million a year ago. Net loss was KRW 6,749.64 million compared to KRW 10,813.05 million a year ago. Basic loss per share from continuing operations was KRW 85 compared to KRW 130 a year ago. Diluted loss per share from continuing operations was KRW 85 compared to KRW 130 a year ago. Basic loss per share was KRW 85 compared to KRW 130 a year ago.
GemVaxLink Co Ltd, formerly Feelingk Co Ltd, is a Korea-based company mainly engaged in the sale of clothing miscellaneous goods. The Company operates its business through two segments. The Overseas Fashion Business segment sells apparel, fashion, miscellaneous goods, and luxury goods. The Wireless Internet Solution Business segment mainly develops wireless Internet solutions such as short message service center (SMSC) and long message service center (LMSC) systems, wireless application protocol (WAP) gateways and multimedia message service center (MMSC) systems, and other wireless Internet solutions such as ring back tone (RBT), unified messaging system (UMS) as well as wireless Internet platforms for interoperability (WIPI) globalization solutions under the brand name of Feelingk. The Company also involves in the management consulting and real estate rental business.
GEMVAXLINK CO., LTD. 