MH Ethanol Co.,Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was KRW 22,408.39 million compared to KRW 23,811.94 million a year ago. Net loss was KRW 348.8 million compared to net income of KRW 1,627.38 million a year ago.

Basic loss per share from continuing operations was KRW 54 compared to basic earnings per share from continuing operations of KRW 250 a year ago. Basic loss per share was KRW 54 compared to basic earnings per share of KRW 250 a year ago.