Muhak Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024
May 14, 2024 at 03:09 am EDT
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Muhak Co., Ltd. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was KRW 0.00005 million compared to negative sales of KRW 0.00047 million a year ago. Net income was KRW 16,261.16 million compared to KRW 38,369.63 million a year ago.
Muhak Co Ltd is a Korea-based company principally engaged in the manufacture and sale of traditional liquor products. The Company operates its business through two segments. The Liquor Segment engaged in the manufacture of soju, a distilled beverage native to Korea, as well as chrysanthemum alcoholic drinks, plum wines, sparkling wines and rice wines. The Steel Segment engages in the manufacturing and processing electrical steel sheets and stainless steels for electric motors and transformers. The Company distributes its liquor product in domestic and overseas markets such as China, Vietnam.
MUHAK CO., LTD. 
