Young Poong Paper Mfg Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023 at 03:43 am
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Young Poong Paper Mfg Co.,Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was KRW 1,268.91 million compared to KRW 1,750.11 million a year ago. Net income was KRW 3,029.64 million compared to KRW 1,076.19 million a year ago. Basic earnings per share from continuing operations was KRW 65 compared to KRW 24 a year ago. Diluted earnings per share from continuing operations was KRW 65 compared to KRW 24 a year ago. Basic earnings per share was KRW 65 compared to KRW 24 a year ago.
For the nine months, sales was KRW 3,889.29 million compared to KRW 5,780.95 million a year ago. Net income was KRW 1,697.4 million compared to KRW 4,745.2 million a year ago. Basic earnings per share from continuing operations was KRW 37 compared to KRW 107 a year ago. Diluted earnings per share from continuing operations was KRW 37 compared to KRW 107 a year ago. Basic earnings per share was KRW 37 compared to KRW 107 a year ago.
YOUNG POONG PAPER MFG. CO., LTD is a Korea-based company mainly engaged in the manufacture of paper boards. The Company provides two categories of products: core boards and liner boards. Its core boards are used in manufacturing of paper cores and paper tubes. Its liner boards are used in manufacturing of corrugated cardboards and corrugated boxes. In addition, the Company is engaged in the real estate rental business. The Company distributes its products within domestic market and to overseas markets.