Pungguk Ethanol Industrial Co., Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 12, 2021 at 02:35 am
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Pungguk Ethanol Industrial Co., Ltd reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was KRW 30,058.18 million compared to KRW 29,499.99 million a year ago. Net income was KRW 1,660.66 million compared to KRW 3,367.75 million a year ago. Basic earnings per share from continuing operations was KRW 132 compared to KRW 267 a year ago. Basic earnings per share was KRW 132 compared to KRW 267 a year ago.
For the nine months, sales was KRW 92,164.2 million compared to KRW 88,216.05 million a year ago. Net income was KRW 5,966.81 million compared to KRW 6,573.82 million a year ago. Basic earnings per share from continuing operations was KRW 474 compared to KRW 522 a year ago. Basic earnings per share was KRW 474 compared to KRW 522 a year ago.
Pungguk Ethanol Co Ltd, formerly PungkukAlcholnd, is a Korea-based company mainly engaged in the manufacture of alcohol. The Company operates its business through three segments. The Spirits segment is mainly engaged in the manufacture and sale of fermented spirits, soluble distillate dried grains, liquefied carbon dioxide and dry ice used for liquor manufacturing. The Hydrogen Gas segment is mainly engaged in the production and sale of hydrogen gas and acetylene gas. The Industrial Gas segment is mainly engaged in the production and sale of carbon dioxide, oxygen, nitrogen and argon gases.