BGFecomaterials CO., LTD. Reports Earnings Results for the Full Year Ended December 31, 2023
March 08, 2024 at 02:44 am EST
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BGFecomaterials CO., LTD. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was KRW 394.86 million compared to KRW 7 million a year ago. Net loss was KRW 10,505.96 million compared to net income of KRW 28,586.31 million a year ago.
Basic loss per share from continuing operations was KRW 250 compared to basic earnings per share from continuing operations of KRW 1,108 a year ago. Basic loss per share was KRW 250 compared to basic earnings per share of KRW 1,108 a year ago.
BGFEcomaterials Co Ltd, formerly Kopla Co Ltd, is a Korea-based company engaged in the manufacture and sale of high functional polymer materials. The Company's products include polyamide (PA) 66, PA6, polybutylene terephthalate (PBT), polycarbonate (PC), polyethylene terephthalate (PET), polypropylene (PP) and acrylonitrile butadiene styrene (ABS). Its products are applied in automobile components, such as engine head covers, transmissions, radiator tanks, electrical components and others; electrical and electronic components, such as cable ties and bobbins, and other industrial products, such as furniture, sports goods, electronic tools and others. The Company distributes its products within domestic market and to overseas markets.