Daewoong Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 01:39 am EST
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Daewoong Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was KRW 432,805.98 million compared to KRW 376,271.67 million a year ago. Net income was KRW 38,905.58 million compared to KRW 26,828.75 million a year ago. Basic earnings per share from continuing operations was KRW 936 compared to KRW 646 a year ago. Basic earnings per share was KRW 936 compared to KRW 646 a year ago.
For the nine months, sales was KRW 10,266.48 million compared to KRW 8,770.03 million a year ago. Net income was KRW 94,378.29 million compared to KRW 48,385.55 million a year ago. Basic earnings per share from continuing operations was KRW 2,270 compared to KRW 1,165 a year ago. Basic earnings per share was KRW 2,270 compared to KRW 1,165 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. 
