FOODWELL Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024
May 14, 2024 at 07:25 am IST
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FOODWELL Co., Ltd. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was KRW 0.00047 million compared to negative sales of KRW 0.00048 million a year ago. Net income was KRW 2,296.06 million compared to KRW 1,212.1 million a year ago.
Basic earnings per share from continuing operations was KRW 244 compared to KRW 128 a year ago. Basic earnings per share was KRW 244 compared to KRW 128 a year ago.
FOODWELL Co., Ltd. is a Korea-based company engaged in the food processing business. The Companyâs products consist of fruit juice syrups, including strawberries, peaches, apples, grapes, blueberries, pineapples and kiwis; beverages, such as coffee, vitamin drinks, green tea and other fruit juices; canned and bottled goods, such as canned peach, canned apple and others; chestnuts products, including peeled chestnuts, canned chestnuts and chestnut pastes; frozen products including dumplings and fruits, as well as jams, juice concentrates, purees and others. The Company mainly supplies its products to DONGWON F&B, BINGGRAE, CJ, LOTTEMILK and LOTTE CHILSUNG BEVERAGE. The Company distributes its products within domestic market and to overseas markets.