Osung Advanced Materials Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 11:33 am IST
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Osung Advanced Materials Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was KRW 446.04 million compared to KRW 17,199.44 million a year ago. Net income was KRW 845.14 million compared to KRW 7,446.98 million a year ago. Basic earnings per share from continuing operations was KRW 12 compared to KRW 104 a year ago. Diluted earnings per share from continuing operations was KRW 11 compared to KRW 100 a year ago. Basic earnings per share was KRW 12 compared to KRW 104 a year ago. Diluted earnings per share was KRW 11 compared to KRW 100 a year ago.
For the six months, sales was KRW 832.22 million compared to KRW 17,555.38 million a year ago. Net income was KRW 4,046 million compared to KRW 11,802.01 million a year ago. Basic earnings per share from continuing operations was KRW 57 compared to KRW 165 a year ago. Diluted earnings per share from continuing operations was KRW 51 compared to KRW 161 a year ago. Basic earnings per share was KRW 57 compared to KRW 165 a year ago. Diluted earnings per share was KRW 51 compared to KRW 161 a year ago.
OSUNG ADVANCED MATERIALS CO., LTD., formerly OSUNG LST CO., LTD., is a Korea-based company principally engaged in the manufacture and sale of optical films. The products mainly consist of protective films, functional films, thermal barrier films and others. The Company is also involved in the real estate lease and power generation business.