Foosung Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 03:18 am EST
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Foosung 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 123,871.83 million compared to KRW 153,226.97 million a year ago. Net loss was KRW 7,053.66 million compared to net income of KRW 16,849.33 million a year ago. Basic loss per share from continuing operations was KRW 75 compared to basic earnings per share from continuing operations of KRW 182 a year ago. Diluted loss per share from continuing operations was KRW 75 compared to diluted earnings per share from continuing operations of KRW 182 a year ago. Basic loss per share was KRW 75 compared to basic earnings per share of KRW 182 a year ago.
For the nine months, sales was KRW 1,144.25 million compared to KRW 826.77 million a year ago. Net loss was KRW 14,760.32 million compared to net income of KRW 71,492.98 million a year ago. Basic loss per share from continuing operations was KRW 156 compared to basic earnings per share from continuing operations of KRW 772 a year ago. Diluted loss per share from continuing operations was KRW 156 compared to diluted earnings per share from continuing operations of KRW 772 a year ago. Basic loss per share was KRW 156 compared to basic earnings per share of KRW 772 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. 
