Jokwang ILI Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 01:23 am EDT
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Jokwang ILI Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was KRW 7,984.35 million compared to KRW 9,394.92 million a year ago. Net loss was KRW 12,243.12 million compared to KRW 3,495.49 million a year ago. Basic loss per share from continuing operations was KRW 128 compared to KRW 39 a year ago. Diluted loss per share from continuing operations was KRW 128 compared to KRW 39 a year ago. Basic loss per share was KRW 128 compared to KRW 39 a year ago. Diluted loss per share was KRW 128 compared to KRW 39 a year ago.
For the six months, sales was KRW 6.3 million compared to KRW 8.67 million a year ago. Net loss was KRW 11,522.6 million compared to KRW 5,466.22 million a year ago. Basic loss per share from continuing operations was KRW 121 compared to KRW 64 a year ago. Diluted loss per share from continuing operations was KRW 121 compared to KRW 64 a year ago. Basic loss per share was KRW 121 compared to KRW 64 a year ago. Diluted loss per share was KRW 121 compared to KRW 64 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. 
