BGFecomaterials CO., LTD. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 03:25 am EDT
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BGFecomaterials CO., LTD. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was KRW 4 million compared to negative sales of KRW 0.0004 million a year ago. Net loss was KRW 18,518.36 million compared to net income of KRW 5,279.68 million a year ago.
For the six months, sales was KRW 6.62 million compared to KRW 0.00006 million a year ago. Net loss was KRW 16,563.93 million compared to net income of KRW 17,709.54 million 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.