UNID Company Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 11, 2022 at 01:14 am EST
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UNID Company Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported negative sales was KRW 0.00019 million compared to KRW 0.00045 million a year ago. Net income was KRW 32,917.45 million compared to KRW 36,533.67 million a year ago. Basic earnings per share from continuing operations was KRW 4,952.2313 compared to KRW 5,496.0573 a year ago. Diluted earnings per share from continuing operations was KRW 4,952.2313 compared to KRW 5,496.0573 a year ago. Basic earnings per share was KRW 3,770 compared to KRW 4,184 a year ago.
For the nine months, sales was KRW 0.00036 million compared to negative sales of KRW 0.0001 million a year ago. Net income was KRW 137,195.19 million compared to KRW 176,334.15 million a year ago. Basic earnings per share from continuing operations was KRW 20,639.1137 compared to KRW 26,526.6205 a year ago. Diluted earnings per share from continuing operations was KRW 20,639.1137 compared to KRW 26,526.6205 a year ago. Basic earnings per share was KRW 15,712 compared to KRW 20,194 a year ago.
Unid Co Ltd is a Korea-based company principally engaged in the manufacture and sale of chemical products. The Company operates its business through four segments. The Chemical Business segment is engaged in the manufacture and sale of chemical products such as caustic potash, potassium carbonate, liquid chlorine and others. This segment's products are used for styrene butadiene rubber (SBR), acrylonitrile butadiene styrene (ABS), semiconductors, drugs and detergents, among others. The Board Business segment is engaged in the manufacture and sale of wood products such as medium density fiberboard (MDF), solid wood, lumber and others. The Light Emitting Diode Business segment manufactures and sells sapphire ingots and wafers. The Overseas Business segment is engaged in product brokerage, production and sales of chemical products such as potassium carbonate, caustic potassium, hydrochloric acid, and steam and power generation business.