Foosung Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 03:15 am EST
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Foosung Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was KRW 153,226.97 million compared to KRW 107,508.37 million a year ago. Net income was KRW 16,849.33 million compared to KRW 20,181.09 million a year ago. Basic earnings per share from continuing operations was KRW 182 compared to KRW 218 a year ago. Diluted earnings per share from continuing operations was KRW 182 compared to KRW 218 a year ago. Basic earnings per share was KRW 182 compared to KRW 218 a year ago.
For the nine months, sales was KRW 826.77 million compared to KRW 161.4 million a year ago. Net income was KRW 71,492.98 million compared to KRW 22,854.53 million a year ago. Basic earnings per share from continuing operations was KRW 772 compared to KRW 247 a year ago. Diluted earnings per share from continuing operations was KRW 772 compared to KRW 247 a year ago. Basic earnings per share was KRW 772 compared to KRW 247 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. 
