Di Dong Il Corporation Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 13, 2023
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Di Dong Il Corporation reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was KRW 189,728.12 million compared to KRW 242,143.72 million a year ago. Net income was KRW 2,732.17 million compared to KRW 13,445.44 million a year ago. Basic earnings per share from continuing operations was KRW 137.561 compared to KRW 677.0732 a year ago. Basic earnings per share was KRW 137.561 compared to KRW 677.0732 a year ago.
For the six months, sales was KRW 3,819.9 million compared to KRW 5,317.28 million a year ago. Net income was KRW 3,894.8 million compared to KRW 27,721.73 million a year ago. Basic earnings per share from continuing operations was KRW 196.0976 compared to KRW 1,395.122 a year ago. Basic earnings per share was KRW 196.0976 compared to KRW 1,395.122 a year ago.
DI DONG IL CORPORATION, formerly DONGIL CORPORATION, is a Korea-based company mainly engaged in the manufacturing and distribution of textile products. Along with subsidiaries, the Company operates its business through 6 segments. The Textile Materials segment produces and sells textile materials including cotton yarn, blended yarn, textured yarn, sewing thread, embroidery yarn and others; fabric products such as cotton fabric, mixed fabric, blended yarn fabric, among others. The Apparel segment mainly distributes casual apparels, children apparels and others. The Aluminum segment manufactures aluminum foils, heat exchangers and others. The Company also sells composite reinforcements and pipe products, as well as furniture and cosmetics.