Kukdo Chemical Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023 at 11:43 pm
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Kukdo Chemical Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported negative sales was KRW 0.00035 million compared to sales of KRW 0.00053 million a year ago. Net loss was KRW 3,623 million compared to net income of KRW 14,797.42 million a year ago. Basic loss per share from continuing operations was KRW 434 compared to basic earnings per share from continuing operations of KRW 1,713 a year ago. Basic loss per share was KRW 434 compared to basic earnings per share of KRW 1,713 a year ago.
For the nine months, negative sales was KRW 0.00029 million compared to KRW 0.00007 million a year ago. Net income was KRW 11,255.65 million compared to KRW 86,548.04 million a year ago. Basic earnings per share from continuing operations was KRW 1,344 compared to KRW 10,017 a year ago. Basic earnings per share was KRW 1,344 compared to KRW 10,017 a year ago.
KUKDO CHEMICAL Co., Ltd. is a Korea-based company engaged in the manufacture and sale of epoxy and polyamide resins. The Company operates in two segments: epoxy segment and polyol segment. The epoxy segment specializes in the development of epoxy resin products including bisphenol-A epoxy resin, bisphenol-F type epoxy resin, brominated epoxy resin, non-halogen flame retardant epoxy and others used in paints, electrical and electronic parts, aerospace and information technology. The polyol segment offers coating polyols, adhesive polyols, sealant polyols, elastomer polyols, flexible polyols, rigid polyols and others used as building insulation materials, automobile interior materials, waterproofs, adhesives and so on.