Watos Corea Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 10, 2022 at 10:23 pm EST
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Watos Corea Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported negative sales was KRW 0.00022 million compared to sales of KRW 0.00063 million a year ago. Net income was KRW 166.97 million compared to net loss of KRW 330.49 million a year ago. Basic earnings per share from continuing operations was KRW 23 compared to basic loss per share from continuing operations of KRW 45 a year ago. Basic earnings per share was KRW 23 compared to basic loss per share of KRW 45 a year ago.
For the nine months, negative sales was KRW 0.00093 million compared to KRW 0.00044 million a year ago. Net income was KRW 4,182.26 million compared to KRW 922.11 million a year ago. Basic earnings per share from continuing operations was KRW 580 compared to KRW 128 a year ago. Basic earnings per share was KRW 580 compared to KRW 128 a year ago.
WATOS COREA CO.,LTD. is a Korea-based company engaged in the manufacture and distribution of plastic products for sanitary ware used in bathrooms. The Companyâs products consist of toilet parts, including dual flush valves, flanges, dual flappers, fill valves, toilet levers and others; lavatory parts, including lavatory frames, anchor bolts, overflow caps, traps and others; urinal parts, including spuds, toilet flush valves, urinal flush valves, spreaders, flanges and others; plumbing fittings, including water taps, angle valves and others, as well as related accessories. It also involves in the rental business. The Company distributes its products only in domestic market.
WATOS COREA CO., LTD. 
