MSC Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 12:05 am
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MSC Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was KRW 264.29 million compared to KRW 1,247.98 million a year ago. Net income was KRW 5,844.44 million compared to KRW 4,914.27 million a year ago. Basic earnings per share from continuing operations was KRW 332 compared to KRW 279 a year ago. Basic earnings per share was KRW 332 compared to KRW 279 a year ago.
For the six months, sales was KRW 594.19 million compared to KRW 1,316.98 million a year ago. Net income was KRW 10,694.07 million compared to KRW 9,583.2 million a year ago. Basic earnings per share from continuing operations was KRW 608 compared to KRW 544 a year ago. Basic earnings per share was KRW 608 compared to KRW 544 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. 