Daedong Gear Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported negative sales was KRW 0.00044 million compared to KRW 0.00021 million a year ago. Net income was KRW 963.61 million compared to KRW 1,629.67 million a year ago.

Basic earnings per share from continuing operations was KRW 107 compared to KRW 181 a year ago. Basic earnings per share was KRW 107 compared to KRW 181 a year ago.