PaperCorea Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was KRW 106.32 million compared to KRW 384.58 million a year ago. Net income was KRW 496.35 million compared to net loss of KRW 3,426.34 million a year ago.

Basic earnings per share from continuing operations was KRW 10 compared to basic loss per share from continuing operations of KRW 83 a year ago. Diluted earnings per share from continuing operations was KRW 10 compared to diluted loss per share from continuing operations of KRW 83 a year ago. Basic earnings per share was KRW 10 compared to basic loss per share of KRW 83 a year ago.