TKG Huchems Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 12:32 pm IST
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TKG Huchems Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was KRW 2,456.81 million compared to KRW 49.52 million a year ago. Net income was KRW 29,308.44 million compared to KRW 29,078.32 million a year ago. Basic earnings per share from continuing operations was KRW 764 compared to KRW 758 a year ago. Diluted earnings per share from continuing operations was KRW 764 compared to KRW 758 a year ago. Basic earnings per share was KRW 764 compared to KRW 758 a year ago.
For the nine months, sales was KRW 5,231.25 million compared to KRW 151.79 million a year ago. Net income was KRW 114,725.92 million compared to KRW 77,498.22 million a year ago. Basic earnings per share from continuing operations was KRW 2,990 compared to KRW 2,020 a year ago. Diluted earnings per share from continuing operations was KRW 2,990 compared to KRW 2,020 a year ago. Basic earnings per share was KRW 2,990 compared to KRW 2,020 a year ago.
TKG Huchems Co Ltd, formerly Huchems Fine Chemical Corp, is a Korea-based company principally engaged in the manufacture and distribution of chemical products. The Company mainly manufactures fine chemical products, including dinitrotoluene (DNT) used to produce polyurethane and toluenediisocyanate (TDI); mononitrobenzene (MNB) for polyurethane and methylene diphenyl diisocyanate (MDI); nitric acid for metallurgical usage, pigment and gunpowder, and ammonium nitrate for explosive and anesthetic. It also sells certificated emissions reduction and ammonia, among others.