Dongwon F&B Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 11, 2023 at 01:58 am EDT
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Dongwon F&B 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 6,392.09 million compared to KRW 5,715.24 million a year ago. Net income was KRW 16,649.7 million compared to KRW 14,646.07 million a year ago. Basic earnings per share from continuing operations was KRW 863 compared to KRW 759 a year ago. Basic earnings per share was KRW 863 compared to KRW 759 a year ago.
For the six months, sales was KRW 12,216.65 million compared to KRW 12,563.22 million a year ago. Net income was KRW 46,589.67 million compared to KRW 35,452.6 million a year ago. Basic earnings per share from continuing operations was KRW 2,415 compared to KRW 1,837 a year ago. Basic earnings per share was KRW 2,415 compared to KRW 1,837 a year ago.
Dongwon F&B Co Ltd is a Korea-based company principally engaged in the food processing. The Company operates its business through four segments. The General Food segment is mainly engaged in the manufacture and sale of canned tuna, canned seafood, sauces, bread crumbs, beverages and frozen products. The Seasoning Distribution segment is mainly engaged in the manufacture and distribution of spice products and other spice products and sauces products. The Feed segment mainly provides feeds for poultry, swine and cattle. The Other segment is engaged in the product agency.