Lion Chemtech Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 02:41 am EST
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Lion Chemtech Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was KRW 1,512.13 million compared to KRW 1,427.28 million a year ago. Net income was KRW 3,784.26 million compared to KRW 3,022.24 million a year ago. Basic earnings per share from continuing operations was KRW 211 compared to KRW 168 a year ago. Basic earnings per share was KRW 211 compared to KRW 168 a year ago.
For the nine months, sales was KRW 4,000.96 million compared to KRW 4,494.86 million a year ago. Net income was KRW 10,978.78 million compared to KRW 8,678.11 million a year ago. Basic earnings per share from continuing operations was KRW 612 compared to KRW 483 a year ago. Basic earnings per share was KRW 612 compared to KRW 483 a year ago.
Lion Chemtech Co., LTD. is a Korea-based company mainly engaged in the manufacture of artificial marbles and synthetic waxes. The Company's product portfolio consists of artificial marbles, which are under the brand of TRISTONE, and synthetic waxes, such as poly ethylene (PE) waxes, propene polymer (PP) waxes, functional waxes, ethylene bis stearamide (EBS) waxes, amide waxes and others, which are under the brand of L-C WAX.