Choil Aluminum Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 12, 2021 at 06:35 am
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Choil Aluminum 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 0.00005 million compared to KRW 0.00021 million a year ago. Net income was KRW 1,661.31 million compared to net loss of KRW 858.22 million a year ago. Basic earnings per share from continuing operations was KRW 18 compared to basic loss per share from continuing operations of KRW 12 a year ago. Diluted earnings per share from continuing operations was KRW 16. Basic earnings per share was KRW 18 compared to basic loss per share of KRW 12 a year ago. Diluted earnings per share was KRW 16.
For the nine months, negative sales was KRW 0.00028 million compared to KRW 0.00039 million a year ago. Net income was KRW 7,118.85 million compared to net loss of KRW 8,411.17 million a year ago. Basic earnings per share from continuing operations was KRW 75 compared to basic loss per share from continuing operations of KRW 120 a year ago. Diluted earnings per share from continuing operations was KRW 67. Basic earnings per share was KRW 75 compared to basic loss per share of KRW 120 a year ago. Diluted earnings per share was KRW 67.
CHOIL ALUMINUM CO., LTD. is a Korea-based company engaged in the manufacturing and marketing of aluminum products. The Company's products consist of coiled sheets used for foil stocks, fin stocks, condenser cases, mold transformers, electrical wire covers and insulator covering materials; sheets and plates used for litho sheets, cosmetic caps, pilfer proof (PP) caps, closure sheets, name plates and sound proofing walls; embossed sheets used for exterior and interior decorations for construction; circled sheets used for household goods and reflectors for lights, as well as bands used in cosmetic caps and electrical parts and electronic parts. The Company distributes its products within domestic market and to overseas markets including Southeast Asia, China, Japan, the United States and Europe.
CHOIL ALUMINUM CO., LTD. 
