PlumbFast Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 10, 2023 at 12:00 am EST
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PlumbFast Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net income was KRW 442.16 million compared to KRW 324.32 million a year ago. Basic earnings per share from continuing operations was KRW 52 compared to KRW 38 a year ago. Basic earnings per share was KRW 52 compared to KRW 38 a year ago.
For the nine months, net income was KRW 1,495.84 million compared to KRW 1,205.98 million a year ago. Basic earnings per share from continuing operations was KRW 177 compared to KRW 142 a year ago. Basic earnings per share was KRW 177 compared to KRW 142 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. 
