Union Materials Corp. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was KRW 0.00053 million compared to KRW 0.00044 million a year ago.

Net loss was KRW 382.61 million compared to net income of KRW 1,345.08 million a year ago. Basic loss per share from continuing operations was KRW 9 compared to basic earnings per share from continuing operations of KRW 32 a year ago. Basic loss per share was KRW 9 compared to basic earnings per share of KRW 32 a year ago.