Kukdo Chemical Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 01:04 am EDT
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Kukdo Chemical Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported negative sales was KRW 0.00045 million compared to KRW 0.002 million a year ago. Net income was KRW 4,231.72 million compared to KRW 38,818.52 million a year ago. Basic earnings per share from continuing operations was KRW 507 compared to KRW 4,493 a year ago. Basic earnings per share was KRW 507 compared to KRW 4,493 a year ago.
For the six months, sales was KRW 0.00006 million compared to negative sales of KRW 0.0006 million a year ago. Net income was KRW 14,878.65 million compared to KRW 71,750.62 million a year ago. Basic earnings per share from continuing operations was KRW 1,772 compared to KRW 8,304 a year ago. Basic earnings per share was KRW 1,772 compared to KRW 8,304 a year ago.
KUKDO CHEMICAL Co., Ltd. is a Korea-based company engaged in the manufacture and sale of epoxy and polyamide resins. The Company operates in two segments: epoxy segment and polyol segment. The epoxy segment specializes in the development of epoxy resin products including bisphenol-A epoxy resin, bisphenol-F type epoxy resin, brominated epoxy resin, non-halogen flame retardant epoxy and others used in paints, electrical and electronic parts, aerospace and information technology. The polyol segment offers coating polyols, adhesive polyols, sealant polyols, elastomer polyols, flexible polyols, rigid polyols and others used as building insulation materials, automobile interior materials, waterproofs, adhesives and so on.