SFC Co.,Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 16, 2022 at 01:45 pm IST
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SFC Co.,Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was KRW 4,409.29 million compared to KRW 4,102.86 million a year ago. Net income was KRW 83.8 million compared to net loss of KRW 3,250.3 million a year ago. Basic earnings per share from continuing operations was KRW 2 compared to basic loss per share from continuing operations of KRW 78 a year ago. Basic earnings per share was KRW 2 compared to basic loss per share of KRW 78 a year ago.
For the six months, sales was KRW 94.26 million compared to KRW 118.14 million a year ago. Net income was KRW 322.65 million compared to net loss of KRW 2,635.17 million a year ago. Basic earnings per share from continuing operations was KRW 8 compared to basic loss per share from continuing operations of KRW 63 a year ago. Basic earnings per share was KRW 8 compared to basic loss per share of KRW 63 a year ago.
SFC Co. Ltd is a Korea-based company mainly engaged in the production and sale of special films. The Company's products portfolio consists of back sheets and other films. The back sheets include thermoplastic and fluoropolymer multi-layered back films, which are used for photovoltaic solar module parts. Other films include coated films and laminating films under various categories such as glossy films, matt films, color films, bio laminating, polyethylene terephthalate (PET) banners, clear PET banners, cold films, white opaque, sticky back films and others, which are used for protection of printouts and actual image materials. It also engages in the digital printing media business, providing polyethylene terephthalate (PET) banners, clear PET banners, PET backlight films, papers, easy banners, poly banners and others. The Company distributes its products within domestic market and to overseas markets.