Miwon Holdings Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2023
May 15, 2023 at 04:12 am EDT
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Miwon Holdings Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was KRW 248.12 million compared to KRW 371.03 million a year ago. Net income was KRW 5,685.39 million compared to KRW 9,788.32 million a year ago.
Basic earnings per share from continuing operations was KRW 2,455 compared to KRW 4,228 a year ago. Basic earnings per share was KRW 2,455 compared to KRW 4,228 a year ago.
Miwon Holdings Co.,Ltd., formerly Miwon Specialty Chemical Co., Ltd., is a Korea-based company engaged in the manufacture and marketing of specialty chemicals. The Company mainly produces ultraviolet (UV) coating materials, including monomers, such as acrylates and methacrylates; oligomers, such as epoxy, urethane, polyester, silicone, dendritic acrylates and others, as well as other specialties, such as photo initiators, amine synergist, sucrose benzoate, epoxy diluents and powder coating additives. The Companyâs products are used for ink, automobiles, cell phones, home appliances and others. The Company provides its products mainly under the brand name of MIRAMER. On March 17, 2014, it completed the establishment of a wholly-owned subsidiary namely Miwon Spain, S.L.U. in Spain, engaged in the manufacturing of chemical products.