Aekyungchemical Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 01:34 am EST
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Aekyungchemical Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was KRW 8,868.71 million compared to KRW 20,033.34 million a year ago. Net income was KRW 6,282.24 million compared to KRW 13,048.54 million a year ago. Basic earnings per share from continuing operations was KRW 130 compared to KRW 271 a year ago. Diluted earnings per share from continuing operations was KRW 129 compared to KRW 270 a year ago. Basic earnings per share was KRW 130 compared to KRW 271 a year ago. Diluted earnings per share was KRW 129 compared to KRW 270 a year ago.
For the nine months, sales was KRW 28,337.15 million compared to KRW 63,299.33 million a year ago. Net income was KRW 30,684.07 million compared to KRW 73,860.14 million a year ago. Basic earnings per share from continuing operations was KRW 636 compared to KRW 1,533 a year ago. Diluted earnings per share from continuing operations was KRW 635 compared to KRW 1,532 a year ago. Basic earnings per share was KRW 636 compared to KRW 1,533 a year ago. Diluted earnings per share was KRW 635 compared to KRW 1,532 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. 
