Wiscom Co.,Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 16, 2022 at 07:31 am IST
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Wiscom 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 0.00001 million. Net income was KRW 246.35 million compared to KRW 1,004.73 million a year ago. Basic earnings per share from continuing operations was KRW 16 compared to KRW 66 a year ago. Basic earnings per share was KRW 16 compared to KRW 66 a year ago.
For the six months, net income was KRW 479.22 million compared to KRW 1,674.99 million a year ago. Basic earnings per share from continuing operations was KRW 31 compared to KRW 109 a year ago. Basic earnings per share was KRW 31 compared to KRW 109 a year ago.
WISCOM CO.,LTD. is a Korea-based company engaged in the manufacturing and distribution of plastic compounds. The Company principally produces polyvinyl chloride (PVC) compounds, polyethylene (PE) compounds and other high functional resin compounds used in electrical cables, semiconductors, automobile interior decorations and ships. The Company is also involved in the original equipment manufacturing (OEM) of acrylonitrile butadiene styrene (ABS) compounds, polystyrene (PS) compounds, as well as polymethyl methacrylate (PMMA) compounds, which are provided to LG CHEM LTD. The Company distributes its products within domestic market and to overseas markets.