Sunjin Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 09, 2023 at 01:59 pm IST
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Sunjin Co.,Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported negative sales was KRW 498.76 million compared to KRW 6,207.38 million a year ago. Net loss was KRW 1,670.35 million compared to KRW 43,517.31 million a year ago. Basic loss per share from continuing operations was KRW 70 compared to KRW 1,830 a year ago. Basic loss per share was KRW 70 compared to KRW 1,830 a year ago.
For the nine months, sales was KRW 14,227.83 million compared to KRW 5,339.69 million a year ago. Net income was KRW 3,822.47 million compared to net loss of KRW 35,019.6 million a year ago. Basic earnings per share from continuing operations was KRW 161 compared to basic loss per share from continuing operations of KRW 1,473 a year ago. Basic earnings per share was KRW 161 compared to basic loss per share of KRW 1,473 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. 
