Woosung Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 16, 2022 at 03:32 am EDT
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Woosung Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was KRW 704.4 million compared to KRW 1,604.43 million a year ago. Net loss was KRW 1,626.77 million compared to KRW 1,520.31 million a year ago. Basic loss per share from continuing operations was KRW 634 compared to KRW 591 a year ago. Basic loss per share was KRW 634 compared to KRW 591 a year ago.
Woosung Co Ltd, formerly Woosung Feed Co Ltd, is a Korea-based company specialized in the formula feeds business. The Company is engaged in the manufacture and sale of formula feeds for pig, poultry, cattle, fish, pets and other animals. The Company is engaged in the supply of products to breeders such as livestock farmers, aquaculture producers and others. In addition, the Company is engaged in the rental and other business.