Daeyang Paper Mfg. Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 07:54 am
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Daeyang Paper Mfg. 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 3,356.53 million compared to KRW 2,863.43 million a year ago. Net income was KRW 1,162.31 million compared to KRW 811.73 million a year ago. Basic earnings per share from continuing operations was KRW 61 compared to KRW 39 a year ago. Basic earnings per share was KRW 61 compared to KRW 39 a year ago.
For the nine months, sales was KRW 9,675.98 million compared to KRW 8,373.08 million a year ago. Net income was KRW 1,676.26 million compared to KRW 640.53 million a year ago. Basic earnings per share from continuing operations was KRW 88 compared to KRW 31 a year ago. Basic earnings per share was KRW 88 compared to KRW 31 a year ago.
DAEYANG PAPER MFG. CO., LTD. is a Korea-based company engaged in the manufacture and sale of corrugated cardboard materials. The Companyâs products include liner paper and core paper, which are mainly used in the packaging of electronics, food and agricultural products. In addition, through its subsidiary, the Company is engaged in the manufacture and sales of corrugated cardboard boxes and other byproducts.