CBI Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023 at 03:25 am EST
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CBI 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 7,498.8 million compared to KRW 8,665.74 million a year ago. Net loss was KRW 2,237.69 million compared to KRW 7,920.78 million a year ago. Basic loss per share from continuing operations was KRW 74 compared to KRW 294 a year ago. Diluted loss per share from continuing operations was KRW 74 compared to KRW 294 a year ago. Basic loss per share was KRW 74 compared to KRW 294 a year ago.
For the nine months, sales was KRW 142.66 million compared to KRW 0.64208 million a year ago. Net loss was KRW 11,251.44 million compared to KRW 15,167.54 million a year ago. Basic loss per share from continuing operations was KRW 383 compared to KRW 589 a year ago. Diluted loss per share from continuing operations was KRW 383 compared to KRW 589 a year ago. Basic loss per share was KRW 383 compared to KRW 589 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. 
