SNT Energy Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 10, 2023 at 12:34 am EDT
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SNT Energy 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 74,957.18 million compared to KRW 42,328.83 million a year ago. Net income was KRW 8,348.29 million compared to KRW 5,101.77 million a year ago. Basic earnings per share from continuing operations was KRW 422.3291 compared to KRW 258.3308 a year ago. Basic earnings per share was KRW 422.3291 compared to KRW 258.3308 a year ago.
For the six months, sales was KRW 147,385.36 million compared to KRW 81,230.81 million a year ago. Net income was KRW 16,030.94 million compared to KRW 5,419.59 million a year ago. Basic earnings per share from continuing operations was KRW 811.3252 compared to KRW 274.3306 a year ago. Basic earnings per share was KRW 811.3252 compared to KRW 274.3306 a year ago.
SNTEnergy Co Ltd, formerly S&T Corp, is a Korea-based company engaged in the manufacture and sale of heat exchangers. The Company manufactures heat exchangers, which are used for petrochemical plants, oil refining plants, gas plants and others; heat recovery steam generators (HRSGs), which generate steam for generation of steam turbines with use of the waste heat; steam surface condensers; DeNOx facilities, which eliminate the nitrogen oxide (NOx) materials, generated from combustion of nitrogen component in fuels and air, and others. The Company distributes its products within domestic market and to overseas markets. On November 8, 2013, S&T Dynamics Co., Ltd. transferred its entire 50.66% stake of the Company to S&T MOTIV Co., Ltd. After that, S&T MOTIV Co., Ltd became the Company's top shareholder.
SNT ENERGY CO., LTD. 
