PaperCorea Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was KRW 111,344.58 million compared to KRW 116,121.23 million a year ago. Net income was KRW 2,583.88 million compared to KRW 3,307.94 million a year ago. Basic earnings per share from continuing operations was KRW 57 compared to KRW 88 a year ago. Diluted earnings per share from continuing operations was KRW 57 compared to KRW 88 a year ago. Basic earnings per share was KRW 57 compared to KRW 88 a year ago.
For the nine months, sales was KRW 1,200.04 million compared to negative sales of KRW 1,047.83 million a year ago. Net loss was KRW 1,498.22 million compared to net income of KRW 3,825.34 million a year ago. Basic loss per share from continuing operations was KRW 33 compared to basic earnings per share from continuing operations of KRW 101 a year ago. Diluted loss per share from continuing operations was KRW 33 compared to diluted earnings per share from continuing operations of KRW 101 a year ago. Basic loss per share was KRW 33 compared to basic earnings per share of KRW 101 a year ago.