Kumho Petrochemical Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 16, 2022 at 09:03 am
Share
Kumho Petrochemical Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was KRW 52,635.44 million compared to KRW 46,812.35 million a year ago. Net income was KRW 286,857.31 million compared to KRW 583,027.92 million a year ago. Basic earnings per share from continuing operations was KRW 10,392 compared to KRW 20,895 a year ago. Basic earnings per share was KRW 10,392 compared to KRW 20,895 a year ago.
For the six months, sales was KRW 90,838.52 million compared to KRW 70,878.38 million a year ago. Net income was KRW 660,098.73 million compared to KRW 1,058,576.52 million a year ago. Basic earnings per share from continuing operations was KRW 23,672 compared to KRW 37,938 a year ago. Basic earnings per share was KRW 23,672 compared to KRW 37,938 a year ago.
Kumho Petro Chemical Co Ltd is a Korea-based company mainly engaged in the manufacturing and sale of synthetic rubber. The Company operates its business through four segments. The Synthetic Rubber segment is engaged in the manufacturing and sale of styrene-butadiene rubber (SBR), butadiene rubber (BR), and latex, among others, which are used to make tires and shoes. The Synthetic Resin segment is involved in the manufacturing and sale of polystyrene (PS), acrylonitrile butadiene styrene (ABS), and expandable polystyrene (EPS), among others, which are the main raw materials for electrical and electronic products, auto parts, and construction materials. The Fine Chemical segment is engaged in the production and sale of antioxidants and vulcanization accelerators which is mainly used in rubber. The Other segment operates its business in electronic materials, construction materials, factory utilities, and asset leasing, among others.
KUMHO PETRO CHEMICAL CO.,LTD 
