CBI Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 15, 2021 at 07:06 pm EST
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CBI Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was KRW 83.53 million compared to KRW 54.16 million a year ago. Net income was KRW 763.05 million compared to net loss of KRW 715.52 million a year ago.
For the nine months, sales was KRW 85.66 million compared to KRW 162.31 million a year ago. Net loss was KRW 1,720.83 million compared to KRW 1,672.5 million a year ago. Basic loss per share from continuing operations was KRW 10 compared to KRW 10.25 a year ago. Basic loss per share was KRW 10 compared to KRW 10.25 a year ago.
CBI Co Ltd, formerly Cheongbo Industrial Co Ltd, is a Korea-based company principally engaged in the manufacture and sale of automotive parts. The Company manufactures and sells automotive engine parts and mission parts. The main products are bearing journal, valve tappet, hydraulic tensioner housing, fixture injector, lever, insert chamber, valve seat ring, among others. The Companyâs products are mainly used in diesel engines and transmissions.
CBI CO., LTD. 
