UNID Company Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023 at 02:03 am EST
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UNID Company 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 0.00012 million compared to KRW 0.00034 million a year ago. Net loss was KRW 1,815.35 million compared to net income of KRW 32,917.45 million a year ago. Basic loss per share from continuing operations was KRW 274 compared to basic earnings per share from continuing operations of KRW 4,592.3079 a year ago. Basic loss per share was KRW 274 compared to basic earnings per share of KRW 4,952.2313 a year ago.
For the nine months, sales was KRW 0.00037 million compared to KRW 0.0004 million a year ago. Net income was KRW 2,809.74 million compared to KRW 137,195.19 million a year ago. Basic earnings per share from continuing operations was KRW 423 compared to KRW 18,584.6601 a year ago. Diluted earnings per share from continuing operations was KRW 423 compared to KRW 18,584.6601 a year ago. Basic earnings per share was KRW 423 compared to KRW 20,639.1137 a year ago. Diluted earnings per share was KRW 423 compared to KRW 20,639.1137 a year ago.
Unid Co Ltd is a Korea-based company principally engaged in the manufacture and sale of chemical products. The Company operates its business through four segments. The Chemical Business segment is engaged in the manufacture and sale of chemical products such as caustic potash, potassium carbonate, liquid chlorine and others. This segment's products are used for styrene butadiene rubber (SBR), acrylonitrile butadiene styrene (ABS), semiconductors, drugs and detergents, among others. The Board Business segment is engaged in the manufacture and sale of wood products such as medium density fiberboard (MDF), solid wood, lumber and others. The Light Emitting Diode Business segment manufactures and sells sapphire ingots and wafers. The Overseas Business segment is engaged in product brokerage, production and sales of chemical products such as potassium carbonate, caustic potassium, hydrochloric acid, and steam and power generation business.