Aekyungchemical Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 16, 2022 at 04:48 am EDT
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Aekyungchemical Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was KRW 24,389.94 million compared to KRW 7,386.65 million a year ago. Net income was KRW 42,031.5 million compared to KRW 29,217.8 million a year ago. Basic earnings per share from continuing operations was KRW 873 compared to KRW 926 a year ago. Diluted earnings per share from continuing operations was KRW 872 compared to KRW 925 a year ago. Basic earnings per share was KRW 873 compared to KRW 926 a year ago. Diluted earnings per share was KRW 872 compared to KRW 925 a year ago.
For the six months, sales was KRW 43,266 million compared to KRW 14,526.67 million a year ago. Net income was KRW 60,811.59 million compared to KRW 56,371.58 million a year ago. Basic earnings per share from continuing operations was KRW 1,262 compared to KRW 1,786 a year ago. Diluted earnings per share from continuing operations was KRW 1,261 compared to KRW 1,785 a year ago. Basic earnings per share was KRW 1,262 compared to KRW 1,786 a year ago. Diluted earnings per share was KRW 1,261 compared to KRW 1,785 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. 
