Foosung Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 16, 2022 at 04:00 am EDT
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Foosung Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was KRW 149,669.86 million compared to KRW 75,478.12 million a year ago. Net income was KRW 19,847.33 million compared to KRW 6,598.49 million a year ago. Basic earnings per share from continuing operations was KRW 214 compared to KRW 71 a year ago. Diluted earnings per share from continuing operations was KRW 214 compared to KRW 71 a year ago. Basic earnings per share was KRW 214 compared to KRW 71 a year ago.
For the six months, sales was KRW 459.34 million compared to KRW 82.12 million a year ago. Net income was KRW 54,643.65 million compared to KRW 2,673.44 million a year ago. Basic earnings per share from continuing operations was KRW 590 compared to KRW 29 a year ago. Diluted earnings per share from continuing operations was KRW 590 compared to KRW 29 a year ago. Basic earnings per share was KRW 590 compared to KRW 29 a year ago.
Foosung Co Ltd is a Korea-based company principally engaged in the production and sale of basic compounds. The Company is engaged in the manufacturing and sale of refrigerant gases, special gases for semiconductor, secondary battery materials, among others. The Company's fluorides include refrigerants, blowing agents, blowing agents, cleaning agents and fluoride additives. The Company's special gases include semiconductor cleaning gases, etching gases and liquid crystal display (LCD) etchants. The Company's secondary batteries include electrolytic solvents for secondary batteries for automobiles. The Company distributes its products in the domestic and overseas markets such as America and Japan.
FOOSUNG CO., LTD. 
