Choil Aluminum Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 02:01 am EST
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Choil Aluminum Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported negative sales was KRW 0.00048 million compared to sales of KRW 0.00105 million a year ago. Net loss was KRW 6,290.21 million compared to net income of KRW 1,661.31 million a year ago. Basic loss per share from continuing operations was KRW 50 compared to basic earnings per share from continuing operations of KRW 18 a year ago. Basic loss per share was KRW 50 compared to basic earnings per share of KRW 18 a year ago.
For the nine months, sales was KRW 0.00029 million compared to negative sales of KRW 0.00028 million a year ago. Net income was KRW 20,302.17 million compared to KRW 7,118.85 million a year ago. Basic earnings per share from continuing operations was KRW 163 compared to KRW 75 a year ago. Diluted earnings per share from continuing operations was KRW 160 compared to KRW 67 a year ago. Basic earnings per share was KRW 163 compared to KRW 75 a year ago. Diluted earnings per share was KRW 160 compared to KRW 67 a year ago.
CHOIL ALUMINUM CO., LTD. is a Korea-based company engaged in the manufacturing and marketing of aluminum products. The Company's products consist of coiled sheets used for foil stocks, fin stocks, condenser cases, mold transformers, electrical wire covers and insulator covering materials; sheets and plates used for litho sheets, cosmetic caps, pilfer proof (PP) caps, closure sheets, name plates and sound proofing walls; embossed sheets used for exterior and interior decorations for construction; circled sheets used for household goods and reflectors for lights, as well as bands used in cosmetic caps and electrical parts and electronic parts. The Company distributes its products within domestic market and to overseas markets including Southeast Asia, China, Japan, the United States and Europe.
CHOIL ALUMINUM CO., LTD. 
