BGFecomaterials CO., LTD. Reports Earnings Results for the First Quarter Ended March 31, 2024
May 16, 2024 at 08:33 am
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BGFecomaterials CO., LTD. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was KRW 417.44 million compared to KRW 2.61 million a year ago. Net income was KRW 5,067.96 million compared to KRW 1,954.43 million a year ago.
Basic earnings per share from continuing operations was KRW 95 compared to KRW 63 a year ago. Basic earnings per share was KRW 95 compared to KRW 63 a year ago.
BGFEcomaterials Co Ltd, formerly Kopla Co Ltd, is a Korea-based company engaged in the manufacture and sale of high functional polymer materials. The Company's products include polyamide (PA) 66, PA6, polybutylene terephthalate (PBT), polycarbonate (PC), polyethylene terephthalate (PET), polypropylene (PP) and acrylonitrile butadiene styrene (ABS). Its products are applied in automobile components, such as engine head covers, transmissions, radiator tanks, electrical components and others; electrical and electronic components, such as cable ties and bobbins, and other industrial products, such as furniture, sports goods, electronic tools and others. The Company distributes its products within domestic market and to overseas markets.