Sung Bo Chemicals Co., LTD Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 12:35 pm IST
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Sung Bo Chemicals Co., LTD reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was KRW 5,626.08 million compared to KRW 6,073.94 million a year ago. Net loss was KRW 3,062.5 million compared to KRW 1,676.96 million a year ago. Basic loss per share from continuing operations was KRW 156 compared to KRW 86 a year ago. Diluted loss per share from continuing operations was KRW 156 compared to KRW 86 a year ago. Basic loss per share was KRW 156 compared to KRW 86 a year ago.
For the nine months, sales was KRW 1,805.15 million compared to KRW 1,448.91 million a year ago. Net income was KRW 5,555.55 million compared to KRW 1,844.4 million a year ago. Basic earnings per share from continuing operations was KRW 282 compared to KRW 94 a year ago. Diluted earnings per share from continuing operations was KRW 282 compared to KRW 94 a year ago. Basic earnings per share was KRW 282 compared to KRW 94 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 
