PlumbFast Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 10, 2022 at 06:52 pm EST
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PlumbFast Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported net income was KRW 324.32 million compared to KRW 430.36 million a year ago. Basic earnings per share from continuing operations was KRW 38 compared to KRW 51 a year ago. Basic earnings per share was KRW 38 compared to KRW 51 a year ago.
For the nine months, net income was KRW 1,205.98 million compared to KRW 1,561.16 million a year ago. Basic earnings per share from continuing operations was KRW 142 compared to KRW 184 a year ago. Basic earnings per share was KRW 142 compared to KRW 184 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. 
