Binggrae Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023 at 11:28 pm EST
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Binggrae 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 434,235.77 million compared to KRW 390,609.01 million a year ago. Net income was KRW 52,909.73 million compared to KRW 20,160.88 million a year ago. Basic earnings per share from continuing operations was KRW 5,984 compared to KRW 2,280 a year ago. Diluted earnings per share from continuing operations was KRW 5,984 compared to KRW 2,280 a year ago. Basic earnings per share was KRW 5,984 compared to KRW 2,280 a year ago.
For the nine months, sales was KRW 1,116,472.51 million compared to KRW 1,010,738.7 million a year ago. Net income was KRW 99,241.09 million compared to KRW 35,498.58 million a year ago. Basic earnings per share from continuing operations was KRW 11,224 compared to KRW 4,015 a year ago. Diluted earnings per share from continuing operations was KRW 11,224 compared to KRW 4,015 a year ago. Basic earnings per share was KRW 11,224 compared to KRW 4,015 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. 
