Maeil Dairies Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2023
May 15, 2023 at 03:47 am EDT
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Maeil Dairies Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was KRW 449,393.12 million compared to KRW 401,950.32 million a year ago. Net income was KRW 11,994.7 million compared to KRW 8,814.95 million a year ago.
Basic earnings per share from continuing operations was KRW 1,671 compared to KRW 1,166 a year ago. Basic earnings per share was KRW 1,671 compared to KRW 1,166 a year ago.
Maeil Dairies Co Ltd is a Korea-based company mainly engaged in the manufacture and distribution of dairy products. The Company operates its business through two segments. The Dairy Processing segment produces and sells products such as municipal milk, milk powder, fermented milk, and milk beverages. It is sold under the names of Maeil Milk, Sangha Farm Organic Milk, Absolut Masterpiece, Organic Palace, and Sensitive. The Other segment produces and supplies food under the names of Celex, Sunup, Calcium Soymilk to Bones, Florida Natural Juice, Sangha Farm Slow Kitchen Curry, and Ferrero. The Company sells its products in domestic and overseas markets such as China.
MAEIL DAIRIES CO., LTD. 
