Sung Bo Chemicals Co., LTD Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 16, 2022 at 12:37 pm IST
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Sung Bo Chemicals 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 12,554.66 million compared to KRW 11,404.9 million a year ago. Net income was KRW 774.72 million compared to net loss of KRW 966.38 million a year ago. Basic earnings per share from continuing operations was KRW 39 compared to basic loss per share from continuing operations of KRW 49 a year ago. Diluted earnings per share from continuing operations was KRW 39 compared to diluted loss per share from continuing operations of KRW 49 a year ago. Basic earnings per share was KRW 39 compared to basic loss per share of KRW 49 a year ago.
For the six months, sales was KRW 1,168.06 million compared to KRW 974.14 million a year ago. Net income was KRW 8,618.05 million compared to KRW 3,521.36 million a year ago. Basic earnings per share from continuing operations was KRW 438 compared to KRW 180 a year ago. Diluted earnings per share from continuing operations was KRW 438 compared to KRW 180 a year ago. Basic earnings per share was KRW 438 compared to KRW 180 a year ago.
Sung Bo Chemicals Co., Ltd. is a Korea-based company engaged in the manufacture of agricultural chemicals for paddy rice and gardening. The Companyâs products include pesticides, insecticides, fungicides and herbicides. Its fungicides are used to provide resistance against fungal plant diseases including white rots, blotches, scabs, downy mildews and powdery mildews. Its insecticides are used to kill aphids, plant hoppers, rice water weevils, leaf rollers, rice stem borers, ensign scales and others. Its herbicides are used to kill weeds that compete with crops for root space, nutrients and water. The Company also engages in the real estate leasing business.
SUNG BO CHEMICALS CO., LTD 
