Sunjin Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 12, 2021 at 06:15 am
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Sunjin Co.,Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported negative sales was KRW 8,776.99 million compared to KRW 8,906 million a year ago. Net income was KRW 5,512.03 million compared to KRW 21,517.95 million a year ago. Basic earnings per share from continuing operations was KRW 232 compared to KRW 905 a year ago. Basic earnings per share was KRW 232 compared to KRW 905 a year ago.
For the nine months, negative sales was KRW 5,327.92 million compared to KRW 2,919.64 million a year ago. Net income was KRW 39,746.2 million compared to KRW 57,562.86 million a year ago. Basic earnings per share from continuing operations was KRW 1,671 compared to KRW 2,421 a year ago. Basic earnings per share was KRW 1,671 compared to KRW 2,421 a year ago.
SUNJIN CO., LTD. is a Korea-based company engaged in the manufacturing of formula animal feeds and processed meat. The Company operates its business through two segments: animal feed segment and processed meat segment. Its animal feed segment is involved in the manufacture and distribution of formula feeds and feedstuffs for pigs, chickens, dogs and cattle. Its processed meat segment is involved in the provision and distribution of pork. The Company's clients include Hyundai Department Store, Lotte Department Store and Homeplus. The Company mainly distributes its products within domestic market.