FOODWELL Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 12:27 am EST
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FOODWELL Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was KRW 0.00036 million compared to negative sales of KRW 0.00049 million a year ago. Net income was KRW 1,006.72 million compared to KRW 1,134.42 million a year ago. Basic earnings per share from continuing operations was KRW 107 compared to KRW 119 a year ago. Basic earnings per share was KRW 107 compared to KRW 119 a year ago.
For the nine months, sales was KRW 0.0002 million compared to negative sales of KRW 0.00065 million a year ago. Net income was KRW 3,599.17 million compared to KRW 3,843.13 million a year ago. Basic earnings per share from continuing operations was KRW 381 compared to KRW 397 a year ago. Basic earnings per share was KRW 381 compared to KRW 397 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. 
