Cosmo Chemical Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 15, 2022 at 10:49 pm EDT
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Cosmo Chemical Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was KRW 361.42 million compared to KRW 356.04 million a year ago. Net income was KRW 4,958.82 million compared to KRW 4,416.88 million a year ago. Basic earnings per share from continuing operations was KRW 158.9286 compared to KRW 146.4286 a year ago. Diluted earnings per share from continuing operations was KRW 158.9286 compared to KRW 86.6071 a year ago. Basic earnings per share was KRW 158.9286 compared to KRW 146.4286 a year ago.
COSMO CHEMICAL CO., LTD. is a Korea-based company mainly engaged in the manufacture of titanium dioxides. The Company produces titanium dioxides, which are used in rubbers, papers, resins, paints, bricks, electronic components, multi layer ceramic capacitors (MLCCs), catalysts and others under the brand name COTIOX KA-100 and COTIOX KA- 300. It also provides cobalt sulfates, including liquid cobalt sulfates, solid cobalt sulfates and cathode coppers, which are used for secondary lithium batteries, paint desiccants, cobalt pigments, tire bonds, electricity and communication cables, construction materials and others; water treatment agents, such as ferrous sulfates, poly ferric sulfates, liquid ferrous sulfates, gypsums and others, which are used in wastewater treatment agents, construction materials and other industries. The Company distributes its products within domestic market and to overseas markets.
COSMO CHEMICAL CO., LTD. 
