FOODWELL Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 10, 2023 at 10:56 pm EDT
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FOODWELL Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported negative sales was KRW 0.00008 million compared to KRW 0.00066 million a year ago. Net income was KRW 1,380.35 million compared to KRW 1,418.9 million a year ago. Basic earnings per share from continuing operations was KRW 146 compared to KRW 146 a year ago. Basic earnings per share was KRW 146 compared to KRW 146 a year ago.
For the six months, negative sales was KRW 0.00016 million compared to KRW 0.00046 million a year ago. Net income was KRW 2,592.45 million compared to KRW 2,708.71 million a year ago. Basic earnings per share from continuing operations was KRW 275 compared to KRW 278 a year ago. Basic earnings per share was KRW 275 compared to KRW 278 a year ago.
FOODWELL Co., Ltd. is a Korea-based company engaged in the food processing business. The Companyâs products consist of fruit juice syrups, including strawberries, peaches, apples, grapes, blueberries, pineapples and kiwis; beverages, such as coffee, vitamin drinks, green tea and other fruit juices; canned and bottled goods, such as canned peach, canned apple and others; chestnuts products, including peeled chestnuts, canned chestnuts and chestnut pastes; frozen products including dumplings and fruits, as well as jams, juice concentrates, purees and others. The Company mainly supplies its products to DONGWON F&B, BINGGRAE, CJ, LOTTEMILK and LOTTE CHILSUNG BEVERAGE. The Company distributes its products within domestic market and to overseas markets.
FOODWELL CO., LTD. 
