Wiscom Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 15, 2021 at 03:49 am
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Wiscom Co.,Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported net loss was KRW 461.86 million compared to net income of KRW 355.29 million a year ago. Basic loss per share from continuing operations was KRW 30 compared to basic earnings per share from continuing operations of KRW 23 a year ago. Basic loss per share was KRW 30 compared to basic earnings per share of KRW 23 a year ago.
For the nine months, net income was KRW 1,213.13 million compared to net loss of KRW 256.39 million a year ago. Basic earnings per share from continuing operations was KRW 79 compared to basic loss per share from continuing operations of KRW 17 a year ago. Basic earnings per share was KRW 79 compared to basic loss per share of KRW 17 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.