SNT Holdings Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 10, 2023 at 12:55 am EDT
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SNT Holdings Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported negative sales was KRW 0.00021 million compared to sales of KRW 0.00021 million a year ago. Net income was KRW 22,835.77 million compared to KRW 16,617.41 million a year ago. Basic earnings per share from continuing operations was KRW 1,579 compared to KRW 1,149 a year ago. Basic earnings per share was KRW 1,579 compared to KRW 1,149 a year ago.
For the six months, sales was KRW 0.0002 million compared to negative sales of KRW 0.0003 million a year ago. Net income was KRW 48,594.45 million compared to KRW 30,359.77 million a year ago. Basic earnings per share from continuing operations was KRW 3,361 compared to KRW 2,100 a year ago. Basic earnings per share was KRW 3,361 compared to KRW 2,100 a year ago.
SNT Holdings Co Ltd, formerly S&T Holdings Co Ltd, is a Korea-based holding company engaged in the management of its subsidiaries. Through its subsidiaries, the Company operates in four business divisions: automobile parts division, which manufactures axles, transmissions, shock absorbers, air bags, motors and others, as well as defense products; industrial equipment division, which manufactures air-cooled heat exchangers, heat recovery steam generators (HRSGs), condensers, denitrification facilities and others; motorcycle division, which manufactures motorcycles and related parts, and other products division, which provides computer numerical control (CNC) machine tools, semi conduct machinery components (SCMCs), machining centers and others. The Company's subsidiaries include S&T Dynamics Co., Ltd, S&T MOTIV CO., LTD, S&T Corporation and others.