Young Poong Paper Mfg Co.,Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was KRW 1,396.84 million compared to KRW 2,019.81 million a year ago. Net loss was KRW 188.93 million compared to net income of KRW 1,534.46 million a year ago.

Basic loss per share from continuing operations was KRW 4.4 compared to basic earnings per share from continuing operations of KRW 34.8 a year ago. Diluted loss per share from continuing operations was KRW 4.4 compared to diluted earnings per share from continuing operations of KRW 34.8 a year ago. Basic loss per share was KRW 11 compared to basic earnings per share of KRW 87 a year ago.