POLARIS UNO, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 03:33 am
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POLARIS UNO, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was KRW 19,255.64 million compared to KRW 27,984.33 million a year ago. Net income was KRW 1,493.89 million compared to KRW 3,157.89 million a year ago. Basic earnings per share from continuing operations was KRW 24 compared to KRW 56 a year ago. Diluted earnings per share from continuing operations was KRW 18 compared to KRW 40 a year ago. Basic earnings per share was KRW 24 compared to KRW 56 a year ago. Diluted earnings per share was KRW 18 compared to KRW 40 a year ago.
For the nine months, sales was KRW 58,014.32 million compared to KRW 76,234.86 million a year ago. Net income was KRW 6,362.49 million compared to KRW 7,236.8 million a year ago. Basic earnings per share from continuing operations was KRW 104 compared to KRW 135 a year ago. Diluted earnings per share from continuing operations was KRW 73 compared to KRW 112 a year ago. Basic earnings per share was KRW 104 compared to KRW 135 a year ago. Diluted earnings per share was KRW 73 compared to KRW 112 a year ago.
Polaris Uno Inc, formerly Uno&Company Ltd, is a Korea-based company engaged in the manufacturing of wig fibers and chemicals. The Company operates its businesses through two segments. The Synthetic Yarn Business segment provides wig fibers, including polyvinyl chloride (PVC) wig fibers and nonflammable polyethylene terephthalate (PET) fibers, which are used for wigs, hair extensions, hair accessories and others. The Chemical Business segment provides monomers for eyeglass lenses required for the manufacturing of plastic eyeglass lenses for vision correction, label adhesives for labeling glass bottles, optical films, color-changing dyes and others. The Company distributes its products within domestic market and to overseas markets, including China, Southeast Asia, Africa and other areas.
POLARIS UNO, INC. 
