Binggrae Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 01:35 am EDT
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Binggrae 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 388,727.86 million compared to KRW 364,398.3 million a year ago. Net income was KRW 37,631.77 million compared to KRW 13,946.69 million a year ago. Basic earnings per share from continuing operations was KRW 4,256 compared to KRW 1,577 a year ago. Diluted earnings per share from continuing operations was KRW 4,256 compared to KRW 1,577 a year ago. Basic earnings per share was KRW 4,256 compared to KRW 1,577 a year ago.
For the six months, sales was KRW 682,236.74 million compared to KRW 620,129.69 million a year ago. Net income was KRW 46,331.36 million compared to KRW 15,337.7 million a year ago. Basic earnings per share from continuing operations was KRW 5,240 compared to KRW 1,735 a year ago. Diluted earnings per share from continuing operations was KRW 5,240 compared to KRW 1,735 a year ago. Basic earnings per share was KRW 5,240 compared to KRW 1,735 a year ago.
Binggrae Co Ltd is a Korea-based company principally engaged in the manufacture and distribution of dairy processing products. The Company mainly manufactures and sells refrigerated and frozen food. The Company's refrigerated food includes milk, yogurt, soy milk and fermented milk, under the brand names of Yoplait, Banana Flavored Milk and others. The Company's frozen food includes ice creams under the brand names of Melona, Together, B.B.BIG, Samanco, Pangtoa and others. It also provides snacks, including chips, biscuits, yogurt jelly, as well as beverage products such as coffee and fruit juice, among others. The Company distributes its products in domestic and overseas markets.
BINGGRAE CO., LTD. 
