Miwon Holdings Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 03:30 am EDT
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Miwon Holdings Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was KRW 708.31 million compared to KRW 334.26 million a year ago. Net income was KRW 1,725.94 million compared to KRW 10,854.91 million a year ago. Basic earnings per share from continuing operations was KRW 745 compared to KRW 4,689 a year ago. Basic earnings per share was KRW 745 compared to KRW 4,689 a year ago.
For the six months, sales was KRW 956.43 million compared to KRW 705.29 million a year ago. Net income was KRW 7,411.33 million compared to KRW 20,643.23 million a year ago. Basic earnings per share from continuing operations was KRW 3,201 compared to KRW 8,917 a year ago. Basic earnings per share was KRW 3,201 compared to KRW 14,308 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.
MIWON HOLDINGS CO., LTD. 
