Daeyang Paper Mfg. Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 02:18 am EST
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Daeyang Paper Mfg. 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 2,863.43 million compared to KRW 2,489.42 million a year ago. Net income was KRW 811.73 million compared to KRW 9,401.03 million a year ago. Basic earnings per share from continuing operations was KRW 39 compared to KRW 455 a year ago. Basic earnings per share was KRW 39 compared to KRW 455 a year ago.
For the nine months, sales was KRW 8,373.08 million compared to KRW 6,756.12 million a year ago. Net income was KRW 640.53 million compared to KRW 8,739.66 million a year ago. Basic earnings per share from continuing operations was KRW 31 compared to KRW 423 a year ago. Basic earnings per share was KRW 31 compared to KRW 423 a year ago.
DAEYANG PAPER MFG. CO., LTD. is a Korea-based company engaged in the manufacture and sale of corrugated cardboard materials. The Companyâs products include liner paper and core paper, which are mainly used in the packaging of electronics, food and agricultural products. In addition, through its subsidiary, the Company is engaged in the manufacture and sales of corrugated cardboard boxes and other byproducts.