Pungkang Co., Ltd. Reports Earnings Results for the First Quarter Ended November 30, 2021
January 14, 2022 at 06:40 am
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Pungkang Co., Ltd. reported earnings results for the first quarter ended November 30, 2021. For the first quarter, the company reported sales was KRW 86.06 million compared to KRW 59.2 million a year ago. Net loss was KRW 2.96 million compared to net income of KRW 1,387.04 million a year ago.
PungKang.Co.,Ltd is a Korea-based company principally engaged in the manufacture and distribution of nuts for automobiles. The Companyâs products include weld nuts, lock nuts, flange nuts, wheel nuts, plate nuts, conical nuts and hex nuts. The Companyâs main clients are HYUNDAI MOTOR CO, KIA MOTORS CORPORATION, GM Daewoo Auto & Technology Company, Tata Daewoo Commercial Vehicle Co., LTD., Ssangyong Motor Company, Renault Samsung Motors Co., Ltd. and others. The Company distributes its business in domestic market and to overseas market.