Samyung Trading Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 11, 2022 at 12:05 am
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Samyung Trading Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was KRW 845.94 million compared to KRW 1,019.97 million a year ago. Net income was KRW 12,020.05 million compared to KRW 11,034.43 million a year ago. Basic earnings per share from continuing operations was KRW 682 compared to KRW 626 a year ago. Basic earnings per share was KRW 682 compared to KRW 626 a year ago.
For the nine months, sales was KRW 2,247.56 million compared to KRW 2,974.81 million a year ago. Net income was KRW 32,268.06 million compared to KRW 32,928.63 million a year ago. Basic earnings per share from continuing operations was KRW 1,830 compared to KRW 1,868 a year ago. Basic earnings per share was KRW 1,830 compared to KRW 1,868 a year ago.
Samyung Trading Co., Ltd. is a Korea-based company principally engaged in the distribution of chemical and related products. The Company operates its business through three segments: chemical segment which provides organic and inorganic chemical products such as paints, paint thinners, inks, glues, binders and photo gravure printing chemicals, synthetic leather, urethane and other synthetic resins, medical compositions, chemical reagents, metal detergents and solvents; lens segment which mainly produces and distributes ophthalmic lens and other segment which manufactures and distributes crystal oscillator bases along with its subsidiary Sammyung Precision(Jiaxing) Co.,Ltd., and distributes automobile interior and exterior parts including radiator grilles, emblems, moldings and other lettering works.