Watos Corea Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 15, 2021 at 08:15 am IST
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Watos Corea Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported net loss was KRW 330.49 million compared to net income of KRW 112.53 million a year ago. Basic loss per share from continuing operations was KRW 45 compared to basic earnings per share from continuing operations of KRW 16 a year ago. Basic loss per share was KRW 45 compared to basic earnings per share of KRW 16 a year ago.
For the nine months, net income was KRW 922.11 million compared to KRW 790.67 million a year ago. Basic earnings per share from continuing operations was KRW 128 compared to KRW 110 a year ago. Basic earnings per share was KRW 128 compared to KRW 110 a year ago.
WATOS COREA CO.,LTD. is a Korea-based company engaged in the manufacture and distribution of plastic products for sanitary ware used in bathrooms. The Companyâs products consist of toilet parts, including dual flush valves, flanges, dual flappers, fill valves, toilet levers and others; lavatory parts, including lavatory frames, anchor bolts, overflow caps, traps and others; urinal parts, including spuds, toilet flush valves, urinal flush valves, spreaders, flanges and others; plumbing fittings, including water taps, angle valves and others, as well as related accessories. It also involves in the rental business. The Company distributes its products only in domestic market.