PlumbFast Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 11, 2023 at 02:26 am EDT
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PlumbFast Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported net income was KRW 909.62 million compared to KRW 458.33 million a year ago. Basic earnings per share from continuing operations was KRW 107 compared to KRW 54 a year ago. Basic earnings per share was KRW 107 compared to KRW 54 a year ago.
For the six months, net income was KRW 1,053.68 million compared to KRW 881.66 million a year ago. Basic earnings per share from continuing operations was KRW 124 compared to KRW 104 a year ago. Basic earnings per share was KRW 124 compared to KRW 104 a year ago.
PLUMBFAST CO., LTD. is a Korea-based company mainly engaged in the manufacture of plastic pipes. The Companyâs products portfolio consists of poly butylenes (PB) pipes such as PB line pipes, PB pipe coils and others under the brand name Dong Yang PB Pipe, as well as polypropylene-copolymer (PP-C) pipes and fittings, among others. It also involves in the manufacture of connectors, air chamber caps, valve sockets, iron socket adaptors, support sleeves, transition sockets and others. Its products are used as structural parts for cold and hot water supply systems, semi-permanent sanitary and heating construction. The Company mainly distributes its products within domestic market.
PLUMBFAST CO., LTD. 
