Dongwon F&B Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 15, 2021 at 01:44 am EST
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Dongwon F&B Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was KRW 7,555.73 million compared to KRW 6,175.41 million a year ago. Net income was KRW 15,103.91 million compared to KRW 30,773.16 million a year ago. Basic earnings per share from continuing operations was KRW 3,914 compared to KRW 7,974 a year ago. Basic earnings per share was KRW 3,914 compared to KRW 7,974 a year ago.
For the nine months, sales was KRW 29,772.77 million compared to KRW 15,478.83 million a year ago. Net income was KRW 60,287.81 million compared to KRW 62,810.05 million a year ago. Basic earnings per share from continuing operations was KRW 15,622 compared to KRW 16,276 a year ago. Basic earnings per share was KRW 15,622 compared to KRW 16,276 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.