Daehan Steel Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 16, 2022 at 02:03 am EDT
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Daehan Steel Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was KRW 663,533.6 million compared to KRW 519,979.5 million a year ago. Net income was KRW 27,689.49 million compared to KRW 46,022.66 million a year ago. Basic earnings per share from continuing operations was KRW 1,491 compared to KRW 2,133 a year ago. Diluted earnings per share from continuing operations was KRW 1,491 compared to KRW 2,133 a year ago. Basic earnings per share was KRW 1,491 compared to KRW 2,133 a year ago.
For the six months, sales was KRW 397.23 million compared to KRW 1,033.34 million a year ago. Net income was KRW 66,146.83 million compared to KRW 66,685.7 million a year ago. Basic earnings per share from continuing operations was KRW 3,399 compared to KRW 3,091 a year ago. Diluted earnings per share from continuing operations was KRW 3,399 compared to KRW 3,091 a year ago. Basic earnings per share was KRW 3,399 compared to KRW 3,091 a year ago.
Daehan Steel Co., Ltd. is a Korea-based company engaged in the manufacturing of steel products. The Company mainly produces steel bars, such as round steel bars and deformed steel bars, which are applied in construction of bridges, buildings, power plants and others. It also produces billets used as raw materials of steel bars, as well as bar-in-coils and wire rods. In addition, through its subsidiaries, it engages in the freight storage and transportation business, as well as development and leasing of non-residential buildings.
DAEHAN STEEL CO., LTD. 
