Samyung Trading Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 10:56 am IST
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Samyung Trading Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was KRW 967.44 million compared to KRW 845.94 million a year ago. Net income was KRW 12,670 million compared to KRW 12,020.05 million a year ago. Basic earnings per share from continuing operations was KRW 719 compared to KRW 682 a year ago. Basic earnings per share was KRW 719 compared to KRW 682 a year ago.
For the nine months, sales was KRW 2,732.02 million compared to KRW 2,247.56 million a year ago. Net income was KRW 36,982.57 million compared to KRW 32,268.06 million a year ago. Basic earnings per share from continuing operations was KRW 2,098 compared to KRW 1,830 a year ago. Basic earnings per share was KRW 2,098 compared to KRW 1,830 a year ago.
Samyung Trading Co., Ltd. is a Korea-based company principally engaged in the distribution of chemical and related products. The Company operates its business through three segments: chemical segment which provides organic and inorganic chemical products such as paints, paint thinners, inks, glues, binders and photo gravure printing chemicals, synthetic leather, urethane and other synthetic resins, medical compositions, chemical reagents, metal detergents and solvents; lens segment which mainly produces and distributes ophthalmic lens and other segment which manufactures and distributes crystal oscillator bases along with its subsidiary Sammyung Precision(Jiaxing) Co.,Ltd., and distributes automobile interior and exterior parts including radiator grilles, emblems, moldings and other lettering works.