Foosung Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was KRW 334.36 million compared to KRW 168.17 million a year ago. Net loss was KRW 3,732.94 million compared to net income of KRW 34,796.32 million a year ago.

Basic loss per share from continuing operations was KRW 40 compared to basic earnings per share from continuing operations of KRW 376 a year ago. Diluted loss per share from continuing operations was KRW 40 compared to diluted earnings per share from continuing operations of KRW 376 a year ago. Basic loss per share was KRW 40 compared to basic earnings per share of KRW 376 a year ago.