Dongwon F&B Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 12:07 am EST
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Dongwon F&B 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 6,280.94 million compared to KRW 7,555.73 million a year ago. Net income was KRW 28,590.43 million compared to KRW 15,103.91 million a year ago. Basic earnings per share from continuing operations was KRW 1,481.8 compared to KRW 782.8 a year ago. Basic earnings per share was KRW 1,481.8 compared to KRW 782.8 a year ago.
For the nine months, sales was KRW 18,844.17 million compared to KRW 29,772.77 million a year ago. Net income was KRW 64,043.03 million compared to KRW 60,287.81 million a year ago. Basic earnings per share from continuing operations was KRW 3,319 compared to KRW 3,124.4 a year ago. Basic earnings per share was KRW 3,319 compared to KRW 3,124.4 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.