Aekyungchemical Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 01:51 am EDT
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Aekyungchemical 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 10,562.41 million compared to KRW 24,389.94 million a year ago. Net income was KRW 9,719.31 million compared to KRW 42,031.5 million a year ago. Basic earnings per share from continuing operations was KRW 202 compared to KRW 873 a year ago. Diluted earnings per share from continuing operations was KRW 201 compared to KRW 872 a year ago. Basic earnings per share was KRW 202 compared to KRW 873 a year ago. Diluted earnings per share was KRW 201 compared to KRW 872 a year ago.
For the six months, sales was KRW 19,468.44 million compared to KRW 43,266 million a year ago. Net income was KRW 24,401.83 million compared to KRW 60,811.59 million a year ago. Basic earnings per share from continuing operations was KRW 506 compared to KRW 1,262 a year ago. Diluted earnings per share from continuing operations was KRW 505 compared to KRW 1,261 a year ago. Basic earnings per share was KRW 506 compared to KRW 1,262 a year ago. Diluted earnings per share was KRW 505 compared to KRW 1,261 a year ago.
AekyungChemical Co Ltd formerly Aekyung Petrochemical Co Ltd is a Korea-based company mainly engaged in the petrochemical business. The Companyâs products portfolio consists of phthalic anhydrides, which are used as phthalate plasticizers, unsaturated polyester resins and dye intermediates; maleic anhydrides, which are used for unsaturated polyester resins for housing units and automobiles, fumaric acids for food and succinic acid; itaconic acids, which are produced through the fermentation of sugar millets or starches; plasticizers, which are organic ester compounds used for leathers, seats, polyvinyl chloride (PVC) films and electrical wires, and ester polyols. It also involves in the provision of alcohols and messaging services. The Company distributes its products within domestic market and to overseas markets.
AEKYUNGCHEMICAL CO., LTD. 
