Kumho Petrochemical Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 15, 2021 at 02:08 am EST
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Kumho Petrochemical Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was KRW 51,227.5 million compared to KRW 19,669.04 million a year ago. Net income was KRW 604,614.7 million compared to KRW 146,209.33 million a year ago. Basic earnings per share from continuing operations was KRW 21,669 compared to KRW 5,238 a year ago. Basic earnings per share was KRW 21,669 compared to KRW 5,238 a year ago.
For the nine months, sales was KRW 122,105.88 million compared to KRW 59,930.36 million a year ago. Net income was KRW 1,663,191.22 million compared to KRW 373,513.15 million a year ago. Basic earnings per share from continuing operations was KRW 59,606 compared to KRW 12,544 a year ago. Basic earnings per share was KRW 59,606 compared to KRW 13,380 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 
