Chokwang Paint Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2023
May 15, 2023 at 12:30 pm IST
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Chokwang Paint Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was KRW 60,980.4 million compared to KRW 62,835.88 million a year ago. Net loss was KRW 1,852.68 million compared to net income of KRW 798.23 million a year ago.
Basic loss per share from continuing operations was KRW 182 compared to basic earnings per share from continuing operations of KRW 78 a year ago. Basic loss per share was KRW 182 compared to basic earnings per share of KRW 78 a year ago.
Chokwang Paint Ltd. is a Korea-based company engaged in the manufacture and marketing of paint products. The Companyâs products consist of architectural paints, including roof and state paints, floor paints, wood and steel paints, eco-friendly paints, as well as paints for exterior walls, interior walls, ceilings and others; industrial paints, including heat-dry paints, natural-dry paints, fluorine paints, water-based paints, special patterning paints and others; carpentry paints, including, spray paints, water-soluble paints and other functional paints, and ultra violet and electron beam (UV/EB) paints, powdered paints, plastic paints and auto body repairing paints, as well as glues and adhesives.