POLARIS UNO, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2023
May 15, 2023 at 06:01 am IST
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POLARIS UNO, Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was KRW 21,459.47 million compared to KRW 23,361.48 million a year ago. Net income was KRW 2,862.45 million compared to KRW 32.46 million a year ago.
Basic earnings per share from continuing operations was KRW 48 compared to KRW 1 a year ago. Diluted earnings per share from continuing operations was KRW 31 compared to KRW 1 a year ago. Basic earnings per share was KRW 48 compared to KRW 1 a year ago.
Polaris Uno Inc, formerly Uno&Company Ltd, is a Korea-based company engaged in the manufacturing of wig fibers and chemicals. The Company operates its businesses through two segments. The Synthetic Yarn Business segment provides wig fibers, including polyvinyl chloride (PVC) wig fibers and nonflammable polyethylene terephthalate (PET) fibers, which are used for wigs, hair extensions, hair accessories and others. The Chemical Business segment provides monomers for eyeglass lenses required for the manufacturing of plastic eyeglass lenses for vision correction, label adhesives for labeling glass bottles, optical films, color-changing dyes and others. The Company distributes its products within domestic market and to overseas markets, including China, Southeast Asia, Africa and other areas.
POLARIS UNO, INC. 
