Kyungin Synthetic Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2023
May 12, 2023 at 01:42 am EDT
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Kyungin Synthetic Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was KRW 21.27 million compared to KRW 13.83 million a year ago. Net income was KRW 3,065.21 million compared to KRW 7,576.93 million a year ago.
Basic earnings per share from continuing operations was KRW 74 compared to KRW 183 a year ago. Diluted earnings per share from continuing operations was KRW 74 compared to KRW 183 a year ago. Basic earnings per share was KRW 74 compared to KRW 183 a year ago.
KYUNGIN SYNTHETIC CO., LTD. is a Korea-based company engaged in the manufacture of dyes. The Company and its subsidiaries operate in two segments: dye segment and chemical segment. Its dye segment produces reactive dyes, which include Synozol HB series, Synozol CP series, Synozol CR Series, Synozol K-Series, Synozol Black Series, vinyl sulfone types and others; disperse dyes, which consist of Synozol rapid dye series, acetate eco series, flavine dyes, Synolon polyesters and others; acid dyes, which consist of Synoacid E for dyeing light to medium colors, Synoacid N for dyeing medium to dark colors, as well as Synoacid F, Synoacid M, Synoacid S and others; fluorescent brightener dyes, which include fluorescent brighteners for nylon, paper, detergents, polyester and acryl; direct dyes, as well as other dyes and intermediates, such as leather dyes and solvent dyes. Its chemical segment produces saccharin and others.
KYUNGIN SYNTHETIC CO., LTD. 
