Kukdong Oil & Chemicals Co.,Ltd Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 16, 2022 at 01:01 am EDT
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Kukdong Oil & Chemicals 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 1,890.21 million compared to KRW 1,122.87 million a year ago. Net income was KRW 7,259.88 million compared to KRW 5,198.06 million a year ago. Basic earnings per share from continuing operations was KRW 216 compared to KRW 147 a year ago. Basic earnings per share was KRW 216 compared to KRW 147 a year ago.
For the six months, sales was KRW 3,707.23 million compared to KRW 2,166.99 million a year ago. Net income was KRW 13,609.94 million compared to KRW 8,965.51 million a year ago. Basic earnings per share from continuing operations was KRW 404 compared to KRW 253 a year ago. Basic earnings per share was KRW 404 compared to KRW 253 a year ago.
Kukdong Oil & Chemicals Co.,Ltd is a Korea-based company mainly engaged in the manufacturing of lubricants, waterproofing sheets, liquefied petroleum gas (LPG) and asphalt products. The lubricants include industrial lubricants, metal working fluid, process oil, liquid paraffin, greases and paraffin waxes used for industrial machines, cosmetics, pharmaceuticals, rubber mixture and others. The waterproofing sheets are mainly used in construction sector. The LPG is used for heating systems and automobiles. The asphalt products are used in construction and automobiles. The Company distributes its products within domestic market and to overseas markets.
KUKDONG OIL & CHEMICALS CO.,LTD 
