Foosung Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 15, 2021 at 12:50 am EST
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Foosung Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was KRW 107,508.37 million compared to KRW 70,901.1 million a year ago. Net income was KRW 20,181.09 million compared to KRW 2,659.35 million a year ago. Basic earnings per share from continuing operations was KRW 218 compared to KRW 29 a year ago. Diluted earnings per share from continuing operations was KRW 218 compared to KRW 29 a year ago. Basic earnings per share was KRW 218 compared to KRW 29 a year ago.
For the nine months, sales was KRW 246,205.66 million compared to KRW 193,335.26 million a year ago. Net income was KRW 22,854.53 million compared to KRW 1,347.89 million a year ago. Basic earnings per share from continuing operations was KRW 247 compared to KRW 15 a year ago. Diluted earnings per share from continuing operations was KRW 247 compared to KRW 15 a year ago. Basic earnings per share was KRW 247 compared to KRW 15 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.