Samhwa Paints Industrial Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2023
May 15, 2023 at 05:58 am
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Samhwa Paints Industrial Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was KRW 0.00001 million compared to KRW 0.00001 million a year ago. Net income was KRW 431.81 million compared to KRW 1,069.38 million a year ago.
Basic earnings per share from continuing operations was KRW 18 compared to KRW 45 a year ago. Diluted earnings per share from continuing operations was KRW 18 compared to KRW 45 a year ago. Basic earnings per share was KRW 18 compared to KRW 45 a year ago.
SAMHWA PAINTS INDUSTRIAL CO., LTD. is a Korea-based company mainly engaged in the production and sale of paints. Along with subsidiaries, the Company operates its business through four segments. The Paint Segment manufactures and sells architectural, industrial paints. It is also involved in the production and sale of paints for phase change materials (PCMs). The Transportation Arrangement segment provides transportation and storage services for raw materials and products. The Information Technology (IT) segment is involved in the provision of information system development and management, consulting and other services. The Financial segment provides retail financial services. The Company distributes its products within the domestic market and to overseas markets, including Asia and Europe.