Shindaeyang Paper Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 03:25 am EDT
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Shindaeyang Paper Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was KRW 162,228.06 million compared to KRW 170,943.79 million a year ago. Net income was KRW 16,747.16 million compared to KRW 19,685 million a year ago. Basic earnings per share from continuing operations was KRW 464 compared to KRW 546 a year ago. Diluted earnings per share from continuing operations was KRW 464 compared to KRW 546 a year ago. Basic earnings per share was KRW 464 compared to KRW 546 a year ago.
For the six months, sales was KRW 320,931.8 million compared to KRW 332,090.07 million a year ago. Net income was KRW 30,291.66 million compared to KRW 29,211.02 million a year ago. Basic earnings per share from continuing operations was KRW 840 compared to KRW 810 a year ago. Diluted earnings per share from continuing operations was KRW 840 compared to KRW 810 a year ago. Basic earnings per share was KRW 840 compared to KRW 810 a year ago.
Shindaeyang Paper Co., Ltd. is a Korea-based company engaged in the manufacture and distribution of corrugated cardboard materials. The Company produces corrugated cardboard materials, such as corrugating medium paper, Kraft liner paper and test liner paper used for the manufacturing of cardboard boxes. The Company distributes its products within domestic market and to overseas markets.
SHINDAEYANG PAPER CO., LTD. 
