ISU Chemical Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2023
May 15, 2023 at 04:16 am
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ISU Chemical Co., Ltd reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported negative sales was KRW 56,999.5 million compared to KRW 52,617.66 million a year ago. Net loss was KRW 5,540.83 million compared to net income of KRW 13,530.4 million a year ago.
Basic loss per share from continuing operations was KRW 711 compared to basic earnings per share from continuing operations of KRW 362 a year ago. Basic loss per share was KRW 204 compared to basic earnings per share of KRW 497 a year ago.
ISU Chemical Co., Ltd is a Korea-based company engaged in the manufacture of petrochemicals. The Company and its subsidiaries operate its businesses through petrochemical division, which produces petrochemicals and specialized chemicals, including linear alkyl benzene (LAB), branched alkyl benzene (BAB), normal paraffin (NP), kerosene, parasol, heavy LAB, heavy BAB, tertiary alkyl benzene (TAB), linear alkylbenzene sulfonate (LAS), de-aromatized solvents, tertiary dodecyl mercaptan (TDM) and others; construction division, which constructs apartment buildings, public buildings, office buildings, roads, bridges, railways, plants and others, and fiber division, which produces knit fabrics and exports yarns. On November 1, 2013, the Company merged with its wholly owned subsidiary, ISU OIL & CHEMICAL CO, LTD.