Binggrae Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 16, 2022 at 02:15 am
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Binggrae Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was KRW 255,731.39 million compared to KRW 233,883.03 million a year ago. Net income was KRW 1,391.02 million compared to KRW 1,397.79 million a year ago. Basic earnings per share from continuing operations was KRW 157 compared to KRW 158 a year ago. Diluted earnings per share from continuing operations was KRW 157 compared to KRW 158 a year ago. Basic earnings per share was KRW 157 compared to KRW 158 a year ago.
Binggrae Co Ltd is a Korea-based company principally engaged in the manufacture and distribution of dairy processing products. The Company mainly manufactures and sells refrigerated and frozen food. The Company's refrigerated food includes milk, yogurt, soy milk and fermented milk, under the brand names of Yoplait, Banana Flavored Milk and others. The Company's frozen food includes ice creams under the brand names of Melona, Together, B.B.BIG, Samanco, Pangtoa and others. It also provides snacks, including chips, biscuits, yogurt jelly, as well as beverage products such as coffee and fruit juice, among others. The Company distributes its products in domestic and overseas markets.