Kumho Petrochemical Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 08:48 am
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Kumho Petrochemical Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was KRW 52,578.24 million compared to KRW 52,635.44 million a year ago. Net income was KRW 117,369.35 million compared to KRW 286,857.31 million a year ago. Basic earnings per share from continuing operations was KRW 4,363 compared to KRW 10,392 a year ago. Basic earnings per share was KRW 4,363 compared to KRW 10,392 a year ago.
For the six months, sales was KRW 95,771.81 million compared to KRW 90,838.52 million a year ago. Net income was KRW 249,944.5 million compared to KRW 660,098.73 million a year ago. Basic earnings per share from continuing operations was KRW 9,247 compared to KRW 23,672 a year ago. Basic earnings per share was KRW 9,247 compared to KRW 23,672 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 
