Seha corporation Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 01:59 am EST
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seha corporation reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was KRW 2,445.5 million compared to KRW 1,076.1 million a year ago. Net loss was KRW 46,159.71 million compared to KRW 2,394.33 million a year ago. Basic loss per share from continuing operations was KRW 317 compared to KRW 42 a year ago. Basic loss per share was KRW 317 compared to KRW 42 a year ago.
For the nine months, sales was KRW 4,488.22 million compared to KRW 2,953.88 million a year ago. Net loss was KRW 52,207.53 million compared to net income of KRW 3,439.74 million a year ago. Basic loss per share from continuing operations was KRW 599 compared to basic earnings per share from continuing operations of KRW 60 a year ago. Basic loss per share was KRW 599 compared to basic earnings per share of KRW 60 a year ago.
Hankuk Paper MFG Co Ltd, formerly Seha Corp, is a Korea-based company engaged in the manufacture of paper products. The Company's products include cast coated boards, coated duplex boards with gray back, coated duplex boards with white back, uncoated duplex boards with white back, carrier boards, black papers, and others. Its products are used for packaging food, medicines, cosmetics, shoes and others. The Company also participates in business such as toll processing, steam supply, and scrap paper sales. In addition, the Company principally operates its business in domestic and international markets.