ILJIN Holdings Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 02:53 am EST
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ILJIN Holdings 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 341,132.04 million compared to KRW 328,933.86 million a year ago. Net income was KRW 7,671.84 million compared to KRW 4,963.54 million a year ago. Basic earnings per share from continuing operations was KRW 167 compared to KRW 108 a year ago. Basic earnings per share was KRW 167 compared to KRW 108 a year ago.
For the nine months, sales was KRW 15,509.85 million compared to KRW 15,766.97 million a year ago. Net income was KRW 21,058.61 million compared to KRW 19,212.87 million a year ago. Basic earnings per share from continuing operations was KRW 459 compared to KRW 419 a year ago. Basic earnings per share was KRW 458 compared to KRW 418 a year ago.
ILJIN Holdings Co., Ltd. is a Korea-based holding company engaged in the management of its subsidiaries. Its subsidiaries include ILJIN ELECTRIC CO.,LTD, engaged in the provision of electric products, such as power transmissions, power transformation systems, power systems, power cables and others; ILJIN DIAMOND CO., LTD., engaged in the manufacture of diamonds, cutting tool materials and hard metals; ILJIN DEVELOPMENT COMPANY CO.,LTD, mainly engaged in the leasing of real estate and management of facilities; ITEK INVESTMENT CO., LTD., engaged in the financial business; JEONJO TELEVISION CO., LTD., engaged in the broadcasting business, and Alpinion Medical Systems Co., Ltd., engaged in the manufacture of medical equipment, such as ultrasound equipment and other transducer equipment.
ILJIN HOLDINGS CO.,LTD. 
