Bubang Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2023
May 15, 2023 at 12:46 pm IST
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Bubang Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was KRW 3,905.94 million compared to KRW 4,540.74 million a year ago. Net income was KRW 1,612.44 million compared to KRW 2,434.85 million a year ago.
Basic earnings per share from continuing operations was KRW 30 compared to KRW 45 a year ago. Basic earnings per share was KRW 30 compared to KRW 45 a year ago.
Bubang Co.,Ltd., formerly LiHOM-CUCHEN CO.,LTD., is a Korea-based company mainly engaged in the manufacture and sale of household appliances and electronic components. The Company operates its business through three divisions: distribution division, living division and electronic component division. Its distribution division engages in the operation of Anyang e-mart and sale of necessaries. Its living division manufactures and distributes pressure cookers, dryers, humidifiers and other household electrical and electronic equipment. Its electronic component division provides crystal units, such as surface mount devices (SMDs), home solutions and others.