Samyung Trading Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 13, 2022 at 06:41 am
Share
Samyung Trading Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was KRW 739.82 million compared to KRW 882.04 million a year ago. Net income was KRW 10,437.09 million compared to KRW 11,031.63 million a year ago. Basic earnings per share from continuing operations was KRW 592 compared to KRW 626 a year ago. Basic earnings per share was KRW 592 compared to KRW 626 a year ago.
Samyung Trading Co., Ltd. is a Korea-based company principally engaged in the distribution of chemical and related products. The Company operates its business through three segments: chemical segment which provides organic and inorganic chemical products such as paints, paint thinners, inks, glues, binders and photo gravure printing chemicals, synthetic leather, urethane and other synthetic resins, medical compositions, chemical reagents, metal detergents and solvents; lens segment which mainly produces and distributes ophthalmic lens and other segment which manufactures and distributes crystal oscillator bases along with its subsidiary Sammyung Precision(Jiaxing) Co.,Ltd., and distributes automobile interior and exterior parts including radiator grilles, emblems, moldings and other lettering works.