Sunjin Co.,Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 12, 2022 at 01:39 pm IST
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Sunjin 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 433.13 million compared to negative sales of KRW 4,153.81 million a year ago. Net income was KRW 4,788.74 million compared to KRW 20,455.04 million a year ago. Basic earnings per share from continuing operations was KRW 201 compared to KRW 860 a year ago. Basic earnings per share was KRW 201 compared to KRW 860 a year ago.
For the six months, sales was KRW 11,547.07 million compared to KRW 3,449.07 million a year ago. Net income was KRW 18,707.46 million compared to KRW 34,234.17 million a year ago. Basic earnings per share from continuing operations was KRW 787 compared to KRW 1,440 a year ago. Basic earnings per share was KRW 787 compared to KRW 1,440 a year ago.
SUNJIN CO., LTD. is a Korea-based company engaged in the manufacturing of formula animal feeds and processed meat. The Company operates its business through two segments: animal feed segment and processed meat segment. Its animal feed segment is involved in the manufacture and distribution of formula feeds and feedstuffs for pigs, chickens, dogs and cattle. Its processed meat segment is involved in the provision and distribution of pork. The Company's clients include Hyundai Department Store, Lotte Department Store and Homeplus. The Company mainly distributes its products within domestic market.