BGFecomaterials CO., LTD. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 02:28 am EST
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BGFecomaterials CO., LTD. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was KRW 109.79 million compared to KRW 0.00008 million a year ago. Net income was KRW 3,774.49 million compared to KRW 10,154.19 million a year ago. Basic earnings per share from continuing operations was KRW 80 compared to KRW 381 a year ago. Basic earnings per share was KRW 80 compared to KRW 381 a year ago.
For the nine months, sales was KRW 116.41 million compared to KRW 0.00013 million a year ago. Net loss was KRW 12,789.45 million compared to net income of KRW 27,863.73 million a year ago. Basic loss per share from continuing operations was KRW 334 compared to basic earnings per share from continuing operations of KRW 1,122 a year ago. Basic loss per share was KRW 334 compared to basic earnings per share of KRW 1,122 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.