Wiscom Co.,Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 03:19 am
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Wiscom Co.,Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported net income was KRW 46.31 million compared to KRW 246.35 million a year ago. Basic earnings per share from continuing operations was KRW 3 compared to KRW 16 a year ago. Basic earnings per share was KRW 3 compared to KRW 16 a year ago.
For the six months, sales was KRW 0.00001 million. Net loss was KRW 557.33 million compared to net income of KRW 479.22 million a year ago. Basic loss per share from continuing operations was KRW 36 compared to basic earnings per share from continuing operations of KRW 31 a year ago. Basic loss per share was KRW 36 compared to basic earnings per share of KRW 31 a year ago.
WISCOM CO.,LTD. is a Korea-based company engaged in the manufacturing and distribution of plastic compounds. The Company principally produces polyvinyl chloride (PVC) compounds, polyethylene (PE) compounds and other high functional resin compounds used in electrical cables, semiconductors, automobile interior decorations and ships. The Company is also involved in the original equipment manufacturing (OEM) of acrylonitrile butadiene styrene (ABS) compounds, polystyrene (PS) compounds, as well as polymethyl methacrylate (PMMA) compounds, which are provided to LG CHEM LTD. The Company distributes its products within domestic market and to overseas markets.