Wiscom Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 04:29 am
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Wiscom Co.,Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net income was KRW 213.03 million compared to net loss of KRW 839.86 million a year ago. Basic earnings per share from continuing operations was KRW 14 compared to basic loss per share from continuing operations of KRW 55 a year ago. Basic earnings per share was KRW 14 compared to basic loss per share of KRW 55 a year ago.
For the nine months, sales was KRW 0.00001 million. Net loss was KRW 344.29 million compared to KRW 360.64 million a year ago. Basic loss per share from continuing operations was KRW 22 compared to KRW 24 a year ago. Basic loss per share was KRW 22 compared to KRW 24 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.