MSC Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 15, 2022 at 10:20 pm
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MSC Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was KRW 69 million compared to KRW 139.31 million a year ago. Net income was KRW 4,668.93 million compared to KRW 3,280.77 million a year ago. Basic earnings per share from continuing operations was KRW 265 compared to KRW 186 a year ago. Basic earnings per share was KRW 265 compared to KRW 186 a year ago.
MSC Co., Ltd. is a Korea-based company principally engaged in the production and sale of food additives. The Company's products portfolio consists of carrageenan, used in processing of foods as suspending and emulsifying stabilizers, swelling agents, fat replacers, binders, dietary fibers, crystallization inhibitors and gelling agents in food processing; flavors such as water soluble flavors, oil soluble flavors, powdered flavors and emulsified flavors; seasonings, including snack seasonings, soup seasonings and others; natural food colors, extracted from natural raw materials, as well as beverage lines that include polyethylene terephthalate (PET) bottling line and spout-pouch filling line products. The Company also involves in the real estate leasing business.
MSC CO., LTD. 
