PlumbFast Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 13, 2022 at 07:26 am IST
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PlumbFast Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported net income was KRW 423.33 million compared to KRW 521.53 million a year ago. Basic earnings per share from continuing operations was KRW 50 compared to KRW 61 a year ago. Basic earnings per share was KRW 50 compared to KRW 61 a year ago.
PLUMBFAST CO., LTD. is a Korea-based company mainly engaged in the manufacture of plastic pipes. The Companyâs products portfolio consists of poly butylenes (PB) pipes such as PB line pipes, PB pipe coils and others under the brand name Dong Yang PB Pipe, as well as polypropylene-copolymer (PP-C) pipes and fittings, among others. It also involves in the manufacture of connectors, air chamber caps, valve sockets, iron socket adaptors, support sleeves, transition sockets and others. Its products are used as structural parts for cold and hot water supply systems, semi-permanent sanitary and heating construction. The Company mainly distributes its products within domestic market.