Kumho Petrochemical Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 02:39 am EST
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Kumho Petrochemical Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was KRW 53,355.58 million compared to KRW 51,227.5 million a year ago. Net income was KRW 210,759.11 million compared to KRW 604,614.7 million a year ago. Basic earnings per share from continuing operations was KRW 7,756 compared to KRW 21,669 a year ago. Basic earnings per share was KRW 7,756 compared to KRW 21,669 a year ago.
For the nine months, sales was KRW 144,194.1 million compared to KRW 122,105.88 million a year ago. Net income was KRW 870,857.84 million compared to KRW 1,663,191.22 million a year ago. Basic earnings per share from continuing operations was KRW 31,512 compared to KRW 59,606 a year ago. Basic earnings per share was KRW 31,512 compared to KRW 59,606 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 
