Woosung Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 15, 2022 at 11:24 pm EDT
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Woosung Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was KRW 625.78 million compared to KRW 514.44 million a year ago. Net loss was KRW 928.01 million compared to net income of KRW 970.66 million a year ago. Basic loss per share from continuing operations was KRW 362 compared to basic earnings per share from continuing operations of KRW 378 a year ago. Basic loss per share was KRW 362 compared to basic earnings per share of KRW 378 a year ago.
For the six months, sales was KRW 1,330.18 million compared to KRW 2,118.88 million a year ago. Net loss was KRW 2,554.78 million compared to KRW 549.65 million a year ago. Basic loss per share from continuing operations was KRW 995 compared to KRW 214 a year ago. Basic loss per share was KRW 995 compared to KRW 214 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.