SUN&L Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 02:02 am EST
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SUN&L Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was KRW 107,520.71 million compared to KRW 117,402.38 million a year ago. Net loss was KRW 2,246.38 million compared to KRW 1,319.95 million a year ago. Basic loss per share from continuing operations was KRW 186 compared to KRW 109 a year ago. Basic loss per share was KRW 186 compared to KRW 109 a year ago.
For the nine months, sales was KRW 332,977.4 million compared to KRW 374,040.98 million a year ago. Net loss was KRW 23,164.7 million compared to net income of KRW 7,680.23 million a year ago. Basic loss per share from continuing operations was KRW 1,920 compared to basic earnings per share from continuing operations of KRW 637 a year ago. Basic loss per share was KRW 1,920 compared to basic earnings per share of KRW 637 a year ago.
Sun&L Co Ltd, formerly Sunchang Corp, is a Korea-based company mainly engaged in the manufacturing and sale of wood products. The Company operates its business through three segments. The Wood segment provides products such as plywood, medium-density fiberboards (MDFs), high density fiberboards (HDFs), lumber, particle boards (PBs) and other products. The Furniture segment is engaged in the production of wooden windows, furniture and interiors. The Other segment is involved in real estate leasing, forest development, other plastics manufacturing industries and others. The Company mainly distributes its products within domestic market.