Daeyang Paper Mfg. Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 01:53 am EDT
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Daeyang Paper Mfg. Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was KRW 3,081.77 million compared to KRW 2,834.8 million a year ago. Net income was KRW 621.98 million compared to KRW 1,129.56 million a year ago. Basic earnings per share from continuing operations was KRW 33 compared to KRW 55 a year ago. Basic earnings per share was KRW 33 compared to KRW 55 a year ago.
For the six months, sales was KRW 6,319.45 million compared to KRW 5,509.65 million a year ago. Net income was KRW 513.95 million compared to net loss of KRW 171.2 million a year ago. Basic earnings per share from continuing operations was KRW 27 compared to basic loss per share from continuing operations of KRW 8 a year ago. Basic earnings per share was KRW 27 compared to basic loss per share of KRW 8 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.