Woosung Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 09:18 am
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Woosung Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was KRW 1,047.52 million compared to KRW 625.78 million a year ago. Net income was KRW 3,141.53 million compared to net loss of KRW 928.01 million a year ago. Basic earnings per share from continuing operations was KRW 1,224 compared to basic loss per share from continuing operations of KRW 362 a year ago. Basic earnings per share was KRW 1,224 compared to basic loss per share of KRW 362 a year ago.
For the six months, sales was KRW 2,093.84 million compared to KRW 1,330.18 million a year ago. Net income was KRW 1,736.91 million compared to net loss of KRW 2,554.78 million a year ago. Basic earnings per share from continuing operations was KRW 677 compared to basic loss per share from continuing operations of KRW 995 a year ago. Basic earnings per share was KRW 677 compared to basic loss per share of KRW 995 a year ago.
Woosung Co Ltd, formerly Woosung Feed Co Ltd, is a Korea-based company specialized in the formula feeds business. The Company is engaged in the manufacture and sale of formula feeds for pig, poultry, cattle, fish, pets and other animals. The Company is engaged in the supply of products to breeders such as livestock farmers, aquaculture producers and others. In addition, the Company is engaged in the rental and other business.