PlumbFast Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 11, 2022 at 08:44 am
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PlumbFast Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported net income was KRW 458.33 million compared to KRW 609.27 million a year ago. Basic earnings per share from continuing operations was KRW 54 compared to KRW 72 a year ago. Basic earnings per share was KRW 54 compared to KRW 72 a year ago.
For the six months, net income was KRW 881.66 million compared to KRW 1,130.8 million a year ago. Basic earnings per share from continuing operations was KRW 104 compared to KRW 133 a year ago. Basic earnings per share was KRW 104 compared to KRW 133 a year ago.
PLUMBFAST CO., LTD. is a Korea-based company mainly engaged in the manufacture of plastic pipes. The Companyâs products portfolio consists of poly butylenes (PB) pipes such as PB line pipes, PB pipe coils and others under the brand name Dong Yang PB Pipe, as well as polypropylene-copolymer (PP-C) pipes and fittings, among others. It also involves in the manufacture of connectors, air chamber caps, valve sockets, iron socket adaptors, support sleeves, transition sockets and others. Its products are used as structural parts for cold and hot water supply systems, semi-permanent sanitary and heating construction. The Company mainly distributes its products within domestic market.
PLUMBFAST CO., LTD. 
