SFC Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 05:38 am IST
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SFC 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 1,635.03 million compared to KRW 5,589.77 million a year ago. Net income was KRW 6,630.31 million compared to KRW 2,120.31 million a year ago. Basic earnings per share from continuing operations was KRW 3,184 compared to KRW 51 a year ago. Basic earnings per share was KRW 3,184 compared to KRW 51 a year ago.
For the nine months, sales was KRW 93.45 million compared to KRW 221.07 million a year ago. Net loss was KRW 4,588.41 million compared to net income of KRW 2,442.96 million a year ago. Basic loss per share from continuing operations was KRW 2,203 compared to basic earnings per share from continuing operations of KRW 59 a year ago. Basic loss per share was KRW 2,203 compared to basic earnings per share of KRW 59 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.