Jokwang ILI Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 12, 2022 at 03:26 am EDT
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Jokwang ILI 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 9,394.92 million compared to KRW 6,808.08 million a year ago. Net loss was KRW 3,495.49 million compared to KRW 2,005.75 million a year ago. Basic loss per share from continuing operations was KRW 195.8333 compared to KRW 124.1667 a year ago. Diluted loss per share from continuing operations was KRW 195.8333 compared to KRW 124.1667 a year ago. Basic loss per share was KRW 195.8333 compared to KRW 124.1667 a year ago. Diluted loss per share was KRW 195.8333 compared to KRW 124.1667 a year ago.
For the six months, sales was KRW 14,689.05 million compared to KRW 15,370.9 million a year ago. Net loss was KRW 5,466.22 million compared to net income of KRW 1,076.3 million a year ago. Basic loss per share from continuing operations was KRW 319.1667 compared to basic earnings per share from continuing operations of KRW 69.1667 a year ago. Diluted loss per share from continuing operations was KRW 319.1667 compared to KRW 25.8333 a year ago. Basic loss per share was KRW 319.1667 compared to basic earnings per share of KRW 68.3333 a year ago. Diluted loss per share was KRW 319.1667 compared to KRW 26.6667 a year ago.
Jokwang I.L.I. Co.,Ltd is a Korea-based company primarily engaged in the manufacture and distribution of valves. The Companyâs valves mainly consist of safety relief valves, stream traps, reducing and regulating valves, strainers and others. Its products are principally used in shipbuilding, construction, petrochemical plant and nuclear power sectors. The Company is also engaged in the plant rental business. The Company distributes its products within domestic market and to overseas markets.
JOKWANG ILI CO., LTD. 
