Sunjin Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 11, 2022 at 12:40 pm IST
Share
Sunjin Co.,Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported negative sales was KRW 6,207.38 million compared to KRW 8,776.99 million a year ago. Net loss was KRW 50,936.01 million compared to net income of KRW 5,512.03 million a year ago. Basic loss per share from continuing operations was KRW 2,142 compared to basic earnings per share from continuing operations of KRW 232 a year ago. Basic loss per share was KRW 2,142 compared to basic earnings per share of KRW 232 a year ago.
For the nine months, sales was KRW 5,339.69 million compared to negative sales of KRW 5,327.92 million a year ago. Net loss was KRW 32,228.55 million compared to net income of KRW 39,746.2 million a year ago. Basic loss per share from continuing operations was KRW 1,355 compared to basic earnings per share from continuing operations of KRW 1,671 a year ago. Basic loss per share was KRW 1,355 compared to basic earnings per share of KRW 1,671 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.
SUNJIN CO.,LTD. 
