Woojin Plaimm Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 13, 2023 at 11:26 pm EDT
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Woojin Plaimm 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 60,705.54 million compared to KRW 69,574.75 million a year ago. Net income was KRW 2,537.92 million compared to KRW 9,757.1 million a year ago. Basic earnings per share from continuing operations was KRW 127 compared to KRW 488 a year ago. Diluted earnings per share from continuing operations was KRW 127 compared to KRW 488 a year ago. Basic earnings per share was KRW 127 compared to KRW 488 a year ago.
For the six months, sales was KRW 107,471.85 million compared to KRW 132,792.9 million a year ago. Net income was KRW 5,578.54 million compared to KRW 13,817.61 million a year ago. Basic earnings per share from continuing operations was KRW 279 compared to KRW 691 a year ago. Diluted earnings per share from continuing operations was KRW 279 compared to KRW 691 a year ago. Basic earnings per share was KRW 279 compared to KRW 691 a year ago.
WOOJIN PLAIMM CO., LTD. is a Korea-based company mainly engaged in the manufacture of plastic injection molding machines. The Company principally provides injection molding machines for plastic moldings under the brand name PLAIMM. In addition, the Company provides industrial robots and screws for molding processes, as well as injection molding educations. The Company distributes its products within domestic market and to overseas markets, including Malaysia, Philippines, Thailand, Indonesia, Vietnam, India, Poland, Brazil and others. On June 5, 2013, the Company established a new wholly owned subsidiary in Korea, which is engaged in the construction business.