Muhak Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 16, 2022 at 03:57 am EDT
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Muhak 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 12.88 million compared to KRW 0.00004 million a year ago. Net loss was KRW 18,862.29 million compared to net income of KRW 9,220.29 million a year ago. Basic loss per share from continuing operations was KRW 712 compared to basic earnings per share from continuing operations of KRW 338 a year ago. Basic loss per share was KRW 712 compared to basic earnings per share of KRW 339 a year ago.
For the six months, sales was KRW 12.88 million compared to KRW 0.00003 million a year ago. Net loss was KRW 24,006.8 million compared to net income of KRW 4,413.89 million a year ago. Basic loss per share from continuing operations was KRW 906 compared to basic earnings per share from continuing operations of KRW 156 a year ago. Basic loss per share was KRW 906 compared to basic earnings per share of KRW 162 a year ago.
Muhak Co Ltd is a Korea-based company principally engaged in the manufacture and sale of traditional liquor products. The Company operates its business through two segments. The Liquor Segment engaged in the manufacture of soju, a distilled beverage native to Korea, as well as chrysanthemum alcoholic drinks, plum wines, sparkling wines and rice wines. The Steel Segment engages in the manufacturing and processing electrical steel sheets and stainless steels for electric motors and transformers. The Company distributes its liquor product in domestic and overseas markets such as China, Vietnam.
MUHAK CO., LTD. 