Cosmo Chemical Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 16, 2022 at 12:11 pm IST
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Cosmo Chemical Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was KRW 259.06 million compared to KRW 255.88 million a year ago. Net income was KRW 7,419.62 million compared to KRW 2,240.4 million a year ago. Basic earnings per share from continuing operations was KRW 257 compared to KRW 71 a year ago. Diluted earnings per share from continuing operations was KRW 257 compared to KRW 71 a year ago. Basic earnings per share was KRW 257 compared to KRW 71 a year ago.
For the six months, sales was KRW 620.49 million compared to KRW 611.92 million a year ago. Net income was KRW 12,378.44 million compared to KRW 6,657.28 million a year ago. Basic earnings per share from continuing operations was KRW 406 compared to KRW 214 a year ago. Diluted earnings per share from continuing operations was KRW 406 compared to KRW 214 a year ago. Basic earnings per share was KRW 406 compared to KRW 214 a year ago.
COSMO CHEMICAL CO., LTD. is a Korea-based company mainly engaged in the manufacture of titanium dioxides. The Company produces titanium dioxides, which are used in rubbers, papers, resins, paints, bricks, electronic components, multi layer ceramic capacitors (MLCCs), catalysts and others under the brand name COTIOX KA-100 and COTIOX KA- 300. It also provides cobalt sulfates, including liquid cobalt sulfates, solid cobalt sulfates and cathode coppers, which are used for secondary lithium batteries, paint desiccants, cobalt pigments, tire bonds, electricity and communication cables, construction materials and others; water treatment agents, such as ferrous sulfates, poly ferric sulfates, liquid ferrous sulfates, gypsums and others, which are used in wastewater treatment agents, construction materials and other industries. The Company distributes its products within domestic market and to overseas markets.
COSMO CHEMICAL CO., LTD. 
