Binggrae Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 01:35 am EST
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Binggrae Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was KRW 390,609.01 million compared to KRW 354,455.94 million a year ago. Net income was KRW 20,160.88 million compared to KRW 13,768.75 million a year ago. Basic earnings per share from continuing operations was KRW 2,280 compared to KRW 1,557 a year ago. Diluted earnings per share from continuing operations was KRW 2,280 compared to KRW 1,557 a year ago. Basic earnings per share was KRW 2,280 compared to KRW 1,557 a year ago.
For the nine months, sales was KRW 1,010,738.7 million compared to KRW 913,061.5 million a year ago. Net income was KRW 35,498.58 million compared to KRW 30,570.77 million a year ago. Basic earnings per share from continuing operations was KRW 4,015 compared to KRW 3,458 a year ago. Diluted earnings per share from continuing operations was KRW 4,015 compared to KRW 3,458 a year ago. Basic earnings per share was KRW 4,015 compared to KRW 3,458 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. 
