Choil Aluminum Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 01:59 am EST
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Choil Aluminum Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported negative sales was KRW 0.0002 million compared to KRW 0.00048 million a year ago. Net income was KRW 100.18 million compared to net loss of KRW 6,290.21 million a year ago. Basic earnings per share from continuing operations was KRW 1 compared to basic loss per share from continuing operations of KRW 50 a year ago. Basic earnings per share was KRW 1 compared to basic loss per share of KRW 50 a year ago.
For the nine months, negative sales was KRW 0.00031 million compared to sales of KRW 0.00029 million a year ago. Net loss was KRW 2,167.25 million compared to net income of KRW 20,302.17 million a year ago. Basic loss per share from continuing operations was KRW 17 compared to basic earnings per share from continuing operations of KRW 163 a year ago. Basic loss per share was KRW 17 compared to basic earnings per share of KRW 163 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. 
