NOROO Holdings Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2023
March 21, 2024 at 02:35 am EDT
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NOROO Holdings Co., Ltd. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was KRW 35,371.83 million compared to KRW 39,215.26 million a year ago. Net income was KRW 25,461.62 million compared to KRW 24,968.72 million a year ago.
Basic earnings per share from continuing operations was KRW 2,609 compared to KRW 2,437 a year ago. Basic earnings per share was KRW 2,429 compared to KRW 2,391 a year ago.
NOROO HOLDINGS CO., LTD. is a Korea-based holding company engaged in the management of its subsidiaries. The Companyâs main subsidiaries consist of NOROO PAINT CO., LTD., which is engaged in the manufacturing of industrial coatings; NOROO Chemicals Co., Ltd., which is engaged in the manufacturing of construction coatings, unsaturated polyester resins (UPRs) and others; NOROO Automotive Coatings Co., Ltd., which is engaged in the manufacturing of automobile coatings and others; IPK CO., LTD., which is engaged in the manufacturing of paints for vessels and heavy-duty purposes; NOROO Bee Chemical Co., Ltd., which is engaged in the manufacture of plastic paints for motors or home appliances, among others. On January 15, 2014, the Company acquired a 100% stake in NOROO KIBAN CO., LTD., engaged in the processing, distributing and sale of agricultural products.
NOROO HOLDINGS CO., LTD. 
