Kyungdong Invest Co., Ltd Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 12:53 am EDT
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Kyungdong Invest Co., Ltd reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was KRW 6,739.66 million compared to KRW 5,829.9 million a year ago. Net income was KRW 5,170.42 million compared to KRW 1,680.2 million a year ago. Basic earnings per share from continuing operations was KRW 2,371 compared to KRW 771 a year ago. Diluted earnings per share from continuing operations was KRW 2,371 compared to KRW 771 a year ago. Basic earnings per share was KRW 2,371 compared to KRW 771 a year ago.
For the six months, sales was KRW 13,795.33 million compared to KRW 12,025.28 million a year ago. Net income was KRW 8,859.09 million compared to KRW 9,181.82 million a year ago. Basic earnings per share from continuing operations was KRW 4,063 compared to KRW 4,211 a year ago. Diluted earnings per share from continuing operations was KRW 4,063 compared to KRW 4,211 a year ago. Basic earnings per share was KRW 4,063 compared to KRW 4,211 a year ago.
KYUNGDONG INVEST CO., LTD., formerly KYUNGDONG CITY GAS CO., LTD., is a Korea-based company engaged city gas business. The Company supplies liquefied natural gas (LNG) to residential, commercial and industrial customers in Ulsan city and Ansan city. It also sells gas boilers, and provides compressed natural gas (CNG) charging services. Through its subsidiaries, it is involved in the LNG piping works, high pressure works, water and sewage equipment engineering, logistics services, such as warehouse services, logistics management and others, provision of city gas safety management services (SMSs), as well as civil engineering and building construction, such as road, railways and apartments, among others. On March 31, 2014, the Company established a wholly owned subsidiary, engaged in the development business.
KYUNGDONG INVEST CO., LTD 
