Pangrim Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended March 31, 2024
May 16, 2024 at 03:15 am
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Pangrim Co., Ltd. reported earnings results for the second quarter and six months ended March 31, 2024. For the second quarter, the company reported sales was KRW 833.89 million compared to KRW 791.29 million a year ago. Net income was KRW 584.73 million compared to net loss of KRW 335.1 million a year ago. Basic earnings per share from continuing operations was KRW 16 compared to basic loss per share from continuing operations of KRW 9 a year ago. Basic earnings per share was KRW 16 compared to basic loss per share of KRW 9 a year ago.
For the six months, sales was KRW 1,663.58 million compared to KRW 1,581.72 million a year ago. Net income was KRW 422.92 million compared to net loss of KRW 3,319.87 million a year ago. Basic earnings per share from continuing operations was KRW 12 compared to basic loss per share from continuing operations of KRW 91 a year ago. Basic earnings per share was KRW 12 compared to basic loss per share of KRW 91 a year ago.
PANGRIM Co., Ltd. is a Korea-based company engaged in the manufacture and sale of processing textile products. The textile products consists of dyeing fabric, bleaching textiles, printing fabrics, grey yarns, grey fabrics and others. Its products mainly used for clothes and bedclothes. In addition, it exports raw cottons to Vietnam. It is also involved in the rental business. The Company distributes its textile products within domestic market and to overseas markets, including Hong Kong, the United State, Vietnam and other areas.