Kolon Plastics, Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was KRW 746.5 million compared to KRW 1,452.33 million a year ago. Net income was KRW 8,947.65 million compared to KRW 7,600.08 million a year ago.
Basic earnings per share from continuing operations was KRW 235 compared to KRW 200 a year ago. Basic earnings per share was KRW 235 compared to KRW 200 a year ago.
Kolon ENP Inc, formerly Kolon Plastics Inc, is a Korea-based company engaged in the manufacturing and sales of engineering plastics. The Company's products include polyoxymethylene (POM) and compound products. The Company is engaged in the production and sales of polyoxymethylene(POM), polyamide, and polybutylene terephthalate(PBT), among the five engineering plastics, as well as polyelastomer(PEL) and polyphenylene sulfide(PPS). The KOCETAL brand consists of polyoxymethylene products used in a variety of applications such as automobiles, office equipment and household goods. The Company distributes its products within domestic market and to overseas markets.
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