Woosung Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 15, 2021 at 03:18 am EST
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Woosung Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was KRW 129,074.29 million compared to KRW 105,247.02 million a year ago. Net income was KRW 1,975.59 million compared to KRW 1,737.5 million a year ago. Basic earnings per share from continuing operations was KRW 770 compared to KRW 680 a year ago. Basic earnings per share was KRW 770 compared to KRW 68 a year ago.
For the nine months, sales was KRW 2,694.33 million compared to KRW 1,647.27 million a year ago. Net income was KRW 1,425.94 million compared to net loss of KRW 195.99 million a year ago. Basic earnings per share from continuing operations was KRW 556 compared to basic loss per share from continuing operations of KRW 80 a year ago. Basic earnings per share was KRW 556 compared to basic loss per share of KRW 8 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.