Watos Corea Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 05:46 am
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Watos Corea Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was KRW 0.00019 million compared to negative sales of KRW 0.00022 million a year ago. Net income was KRW 379.55 million compared to KRW 166.97 million a year ago. Basic earnings per share from continuing operations was KRW 53 compared to KRW 23 a year ago. Basic earnings per share was KRW 53 compared to KRW 23 a year ago.
For the nine months, negative sales was KRW 0.00024 million compared to sales of KRW 0.00007 million a year ago. Net income was KRW 1,416.43 million compared to KRW 4,182.26 million a year ago. Basic earnings per share from continuing operations was KRW 197 compared to KRW 580 a year ago. Basic earnings per share was KRW 197 compared to KRW 580 a year ago.
WATOS COREA CO.,LTD. is a Korea-based company engaged in the manufacture and distribution of plastic products for sanitary ware used in bathrooms. The Companyâs products consist of toilet parts, including dual flush valves, flanges, dual flappers, fill valves, toilet levers and others; lavatory parts, including lavatory frames, anchor bolts, overflow caps, traps and others; urinal parts, including spuds, toilet flush valves, urinal flush valves, spreaders, flanges and others; plumbing fittings, including water taps, angle valves and others, as well as related accessories. It also involves in the rental business. The Company distributes its products only in domestic market.