Kwang Dong Pharmaceutical Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 02:55 am EST
Share
Kwang Dong Pharmaceutical 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 1,677.94 million compared to KRW 1,175.82 million a year ago. Net income was KRW 8,830.7 million compared to KRW 6,441 million a year ago. Basic earnings per share from continuing operations was KRW 220 compared to KRW 157 a year ago. Diluted earnings per share from continuing operations was KRW 220 compared to KRW 157 a year ago. Basic earnings per share was KRW 220 compared to KRW 157 a year ago.
For the nine months, sales was KRW 6,194.54 million compared to KRW 2,439.72 million a year ago. Net income was KRW 31,432.38 million compared to KRW 17,028.03 million a year ago. Basic earnings per share from continuing operations was KRW 774 compared to KRW 415 a year ago. Diluted earnings per share from continuing operations was KRW 774 compared to KRW 415 a year ago. Basic earnings per share was KRW 774 compared to KRW 415 a year ago.
Kwangdong Pharmaceutical Co Ltd is a Korea-based company principally engaged in the manufacturing and distribution of pharmaceuticals. The Company operates its business through five segments. The Mineral Water Business segment supplies drinking spring water under Samdasoo brand. The Distribution Business segment distributes health drinks under brand names of Vita500 and Corn Silk Tea. The Pharmacy Business segment provides Chinese prescription cold medicines, hypertension medicines, cerebral apoplexy medicines and health drinks. The Hospital Business segment offers anticancer agents, blood vessel adjuvants, vitamin D injections and others. The Other segment provides products which not covered by Pharmacy, Hospital and Distribution segments.