Shinpoong Paper Mfg. Co., Ltd Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 12:20 pm IST
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Shinpoong Paper Mfg. Co., Ltd reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was KRW 28,714.05 million compared to KRW 4,582.02 million a year ago. Net loss was KRW 2,116.28 million compared to KRW 3,434.62 million a year ago. Basic loss per share from continuing operations was KRW 76 compared to KRW 120 a year ago. Diluted loss per share from continuing operations was KRW 76 compared to KRW 120 a year ago. Basic loss per share was KRW 76 compared to KRW 120 a year ago.
For the six months, sales was KRW 56,012.67 million compared to KRW 9,443.76 million a year ago. Net loss was KRW 1,247.82 million compared to KRW 5,188.09 million a year ago. Basic loss per share from continuing operations was KRW 45 compared to KRW 187 a year ago. Diluted loss per share from continuing operations was KRW 45 compared to KRW 187 a year ago. Basic loss per share was KRW 45 compared to KRW 187 a year ago.
Shinpoong Inc, formerly Shinpoong Paper Mfg Co Ltd, is a Korea-based company engaged in the distribution and sale of papers. The Companyâs products include white duplex boards, which are used for foods, electronics, paper, towels detergent, toys and others.