Kukdong Oil & Chemicals Co.,Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 12:17 am EST
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Kukdong Oil & Chemicals Co.,Ltd reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was KRW 1,546.68 million compared to KRW 2,183.08 million a year ago. Net income was KRW 4,468.28 million compared to KRW 9,186.82 million a year ago. Basic earnings per share from continuing operations was KRW 133 compared to KRW 273 a year ago. Basic earnings per share was KRW 133 compared to KRW 273 a year ago.
For the nine months, sales was KRW 4,967.73 million compared to KRW 5,890.31 million a year ago. Net income was KRW 13,519.29 million compared to KRW 22,796.76 million a year ago. Basic earnings per share from continuing operations was KRW 402 compared to KRW 677 a year ago. Basic earnings per share was KRW 402 compared to KRW 677 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 
