KUKBO Logistics Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 04:32 am EDT
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KUKBO Logistics Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was KRW 1.5 million compared to KRW 1.5 million a year ago. Net income was KRW 1,351.33 million compared to net loss of KRW 62.53 million a year ago. Basic loss per share from continuing operations was KRW 203 compared to KRW 85 a year ago. Basic earnings per share was KRW 123 compared to basic loss per share of KRW 9 a year ago. Diluted earnings per share was KRW 123 compared to diluted loss per share of KRW 9 a year ago.
For the six months, sales was KRW 3 million compared to KRW 3 million a year ago. Net loss was KRW 5,984.46 million compared to KRW 2,722.51 million a year ago. Basic loss per share from continuing operations was KRW 750 compared to KRW 457 a year ago. Basic loss per share was KRW 555 compared to KRW 395 a year ago. Diluted loss per share was KRW 555 compared to KRW 395 a year ago.
KUKBO Co., LTD, formerly CARIS KUKBO CO., LTD, is a Korea-based company principally engaged in the provision of logistics transportation services. Along with its subsidiaries, the Company operates its business through three segments. The Transportation segment provides container transportation, custody, transport brokerage and other services. The Warehouse segment provides custody services for bonded goods. The Unloading segment is engaged in the provision of container loading and unloading services. In addition, the Company also operates container terminals and international logistics transport brokerage business.