Gyeongnam Steel 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 93 million compared to KRW 98.47 million a year ago. Net income was KRW 2,754.83 million compared to net loss of KRW 294.77 million a year ago. Basic earnings per share from continuing operations was KRW 102 compared to basic loss per share from continuing operations of KRW 12 a year ago. Basic earnings per share was KRW 102 compared to basic loss per share of KRW 12 a year ago.
For the nine months, sales was KRW 281 million compared to KRW 299.17 million a year ago. Net income was KRW 7,821.4 million compared to KRW 3,650.2 million a year ago. Basic earnings per share from continuing operations was KRW 290 compared to KRW 146 a year ago. Basic earnings per share was KRW 290 compared to KRW 146 a year ago.