Miwon Holdings Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 02:45 am EST
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Miwon Holdings Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported negative sales was KRW 212.21 million compared to sales of KRW 356.6 million a year ago. Net income was KRW 2,950.52 million compared to KRW 6,976.11 million a year ago. Basic earnings per share from continuing operations was KRW 1,274 compared to KRW 3,013 a year ago. Basic earnings per share was KRW 1,274 compared to KRW 3,013 a year ago.
For the nine months, sales was KRW 744.22 million compared to KRW 1,061.89 million a year ago. Net income was KRW 10,361.85 million compared to KRW 27,619.34 million a year ago. Basic earnings per share from continuing operations was KRW 4,475 compared to KRW 11,930 a year ago. Basic earnings per share was KRW 4,475 compared to KRW 11,930 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. 
