HSD Engine Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 11, 2022 at 12:03 am EST
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HSD Engine 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 169.76 million compared to KRW 169.76 million a year ago. Net income was KRW 2,278.08 million compared to net loss of KRW 16,139.56 million a year ago. Basic earnings per share from continuing operations was KRW 35 compared to basic loss per share from continuing operations of KRW 288 a year ago. Diluted earnings per share from continuing operations was KRW 35 compared to diluted loss per share from continuing operations of KRW 288 a year ago. Basic earnings per share was KRW 35 compared to basic loss per share of KRW 288 a year ago.
For the nine months, sales was KRW 509.08 million compared to KRW 524.21 million a year ago. Net loss was KRW 33,540.17 million compared to KRW 26,102.17 million a year ago. Basic loss per share from continuing operations was KRW 568 compared to KRW 529 a year ago. Diluted loss per share from continuing operations was KRW 568 compared to KRW 529 a year ago. Basic loss per share was KRW 568 compared to KRW 529 a year ago.
Hanwha Engine Co Ltd, formerly HSD Engine Co Ltd, is a Korea-based company that principally engaged in manufacturing and sales of marine diesel engines. The Company operates its business through two segments. The Marine Engine segment is principally engaged in the manufacturing and sales of marine engines and environmental pollution prevention facilities. The Other segments is principally engaged in the distribution of land-based power generation engines and components, as well as the real estate leasing business.