Woosung Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 03:20 am EST
Share
Woosung Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was KRW 800.03 million compared to KRW 1,455.37 million a year ago. Net loss was KRW 343.04 million compared to KRW 11,625.82 million a year ago. Basic loss per share from continuing operations was KRW 134 compared to KRW 4,530 a year ago. Basic loss per share was KRW 134 compared to KRW 4,530 a year ago.
For the nine months, sales was KRW 2,893.87 million compared to KRW 2,785.56 million a year ago. Net income was KRW 1,393.87 million compared to net loss of KRW 14,180.6 million a year ago. Basic earnings per share from continuing operations was KRW 543 compared to basic loss per share from continuing operations of KRW 5,525 a year ago. Basic earnings per share was KRW 543 compared to basic loss per share of KRW 5,525 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.