Cenit Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2023
May 11, 2023 at 09:41 pm EDT
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Cenit Co., Ltd reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was KRW 1,805.06 million compared to KRW 2,696.11 million a year ago. Net income was KRW 415.32 million compared to KRW 1,084.31 million a year ago.
Basic earnings per share from continuing operations was KRW 13 compared to KRW 34 a year ago. Basic earnings per share was KRW 13 compared to KRW 34 a year ago.
Cenit Co., Ltd., together with its subsidiary, is a Korea-based company engaged in the manufacture of ready-mixed concretes (Remincons) and stainless steel plates. The Company mainly provides stainless steel plates, which are used in machine equipment, power generation equipment, industrial equipment, automobiles, electronics and others. It also engages in the operation of movie theaters. Through its subsidiaries, the Company is engaged in the manufacture and sales of Remincons, and canned kimchi, a kind of Korea pickles. On September 1, 2013, it merged with DaejeonGaoCinema Co.,Ltd., a Korea-based company mainly engaged in the real estate rental and supply business. After that, DaejeonGaoCinema Co.,Ltd. was dissolved.
CENIT CO., LTD 
