PaperCorea Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was KRW 89,585.98 million compared to KRW 111,344.58 million a year ago. Net income was KRW 11,817.2 million compared to KRW 2,583.88 million a year ago. Basic earnings per share from continuing operations was KRW 209 compared to KRW 57 a year ago. Diluted earnings per share from continuing operations was KRW 82 compared to KRW 57 a year ago. Basic earnings per share was KRW 209 compared to KRW 57 a year ago. Diluted earnings per share was KRW 82.
For the nine months, sales was KRW 361.66 million compared to KRW 1,200.04 million a year ago. Net income was KRW 14,747.03 million compared to net loss of KRW 1,498.22 million a year ago. Basic earnings per share from continuing operations was KRW 261 compared to basic loss per share from continuing operations of KRW 33 a year ago. Diluted earnings per share from continuing operations was KRW 116 compared to diluted loss per share from continuing operations of KRW 33 a year ago. Basic earnings per share was KRW 261 compared to basic loss per share of KRW 33 a year ago. Diluted earnings per share was KRW 116.