THE Willbes &
윌비스 · 008600
Consumer Staples Staples Retail · KOSPI
Market cap US$12.8M (₩17.6B)
Overview
THE Willbes & Co.
makes knitwear and swimwear for major Western clothing brands, and also runs adult professional-exam cram schools in South Korea. Listed on KOSPI, Korea's main board, it supplies garments on an OEM (original equipment manufacturer) basis, meaning it manufactures to a buyer's specifications under that buyer's label, to retailers such as GAP, Old Navy, Hanesbrands, The Children's Place, and Kohl's. The textile business, which generates the large majority of revenue, is export-driven, while the education business serves the domestic Korean market.
Summary is AI-generated and may contain errors · figures from DART filings
Financials
Source: DART · FY ending Dec · latest FY2025Revenue
- FY2023US$156.6M
- FY2024US$157.5M
- FY2025US$136.5M
Operating profit
- FY2023−US$3M
- FY2024−US$9.1M
- FY2025−US$15.2M
Net income
- FY2023−US$11.2M
- FY2024−US$19.9M
- FY2025−US$26.4M
Key ratios (FY2025)
Why it matters
All garment production is carried out by the company's own overseas subsidiaries, with factories spread across Indonesia, Cambodia, the Dominican Republic, and Haiti.
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