Daewoong Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 16, 2022 at 04:12 am EDT
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Daewoong 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 422,065.22 million compared to KRW 381,498.15 million a year ago. Net income was KRW 32,024.16 million compared to KRW 18,396.42 million a year ago. Basic earnings per share from continuing operations was KRW 770 compared to KRW 443 a year ago. Basic earnings per share was KRW 770 compared to KRW 443 a year ago.
For the six months, sales was KRW 7,496.39 million compared to KRW 5,266.45 million a year ago. Net income was KRW 55,472.7 million compared to KRW 21,556.8 million a year ago. Basic earnings per share from continuing operations was KRW 1,334 compared to KRW 519 a year ago. Basic earnings per share was KRW 1,334 compared to KRW 519 a year ago.
Daewoong Co Ltd is a Korea-based holding company engaged in the manufacture and sale of pharmaceuticals. The Company operates its business mainly through subsidiaries including Daewoong Pharmaceutical Co Ltd, Daewoong Bio Co Ltd, Daewoong Development Co Ltd, and Hanall Biopharma Co Ltd. Daewoong Pharmaceutical Co Ltd, Daewoong Bio Co Ltd and Hanall Biopharma Co Ltd are engaged in the manufacture and sale of pharmaceuticals. Daewoong Development Co Ltd is engaged in real estate rental and supply business. In addition, IDS&Trust Co Ltd manufactures and sells communication-related devices. Daewoong Life Science Co Ltd is engaged in food processing and sales. Pampaeg Co Ltd is engaged in the packaging business of quasi-drugs. Daewoong Management Development Institute Co Ltd is engaged in management and industrial training projects.
DAEWOONG CO., LTD. 
