Kumho Petro Chemical Co.,Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 03:02 am EST
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Kumho Petro Chemical 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 56,074.13 million compared to KRW 53,355.58 million a year ago. Net income was KRW 103,619.31 million compared to KRW 210,759.11 million a year ago. Basic earnings per share from continuing operations was KRW 3,925 compared to KRW 7,756 a year ago. Basic earnings per share was KRW 3,925 compared to KRW 7,756 a year ago.
For the nine months, sales was KRW 151,846.94 million compared to KRW 144,194.1 million a year ago. Net income was KRW 353,563.81 million compared to KRW 870,857.84 million a year ago. Basic earnings per share from continuing operations was KRW 13,173 compared to KRW 31,512 a year ago. Basic earnings per share was KRW 13,173 compared to KRW 31,512 a year ago.
Kumho Petro Chemical Co Ltd is a Korea-based company mainly engaged in the manufacturing and sale of synthetic rubber. The Company operates its business through four segments. The Synthetic Rubber segment is engaged in the manufacturing and sale of styrene-butadiene rubber (SBR), butadiene rubber (BR), and latex, among others, which are used to make tires and shoes. The Synthetic Resin segment is involved in the manufacturing and sale of polystyrene (PS), acrylonitrile butadiene styrene (ABS), and expandable polystyrene (EPS), among others, which are the main raw materials for electrical and electronic products, auto parts, and construction materials. The Fine Chemical segment is engaged in the production and sale of antioxidants and vulcanization accelerators which is mainly used in rubber. The Other segment operates its business in electronic materials, construction materials, factory utilities, and asset leasing, among others.
KUMHO PETRO CHEMICAL CO.,LTD 
