KPX Holdings Co.,Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 16, 2022 at 03:37 am EDT
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KPX Holdings 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 5,572.93 million compared to KRW 4,244.17 million a year ago. Net loss was KRW 12,129.38 million compared to net income of KRW 33,621.21 million a year ago. Basic loss per share from continuing operations was KRW 3,085 compared to basic earnings per share from continuing operations of KRW 8,382 a year ago. Basic loss per share was KRW 3,085 compared to basic earnings per share of KRW 8,382 a year ago.
For the six months, sales was KRW 10,314.74 million compared to KRW 8,531.72 million a year ago. Net income was KRW 20,920.02 million compared to KRW 31,513.21 million a year ago. Basic earnings per share from continuing operations was KRW 5,322 compared to KRW 7,784 a year ago. Basic earnings per share was KRW 5,322 compared to KRW 7,784 a year ago.
KPX HOLDINGS CO., LTD. is a Korea-based company holding company engaged in the management of its subsidiaries. The Company's main subsidiaries consist of KPX CHEMICAL Co.,Ltd, engaged in the manufacture of polypropylene glycol, urethane products and electronic materials; KPX GREEN CHEMICAL CO.,LTD, mainly engaged in the provision of ethoxylates (EOA) used as surfactants; KPX Life Science Co., Ltd., engaged in the manufacture and distribution of active pharmaceutical ingredients (API) and pharmaceutical intermediates (PI), as well as KPX DEVELOPMENT CO., LTD, engaged in the management and leasing of KPX buildings and others, among others.