Daehan Steel Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 14, 2021 at 11:20 pm EST
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Daehan Steel 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 538,868.06 million compared to KRW 268,095.09 million a year ago. Net income was KRW 44,767.83 million compared to KRW 45,588.62 million a year ago. Basic earnings per share from continuing operations was KRW 2,075 compared to KRW 2,088 a year ago. Basic earnings per share was KRW 2,075 compared to KRW 2,088 a year ago.
For the nine months, sales was KRW 1,161.19 million compared to KRW 5,734.89 million a year ago. Net income was KRW 111,453.53 million compared to KRW 69,229.44 million a year ago. Basic earnings per share from continuing operations was KRW 5,166 compared to KRW 3,158 a year ago. Basic earnings per share was KRW 5,166 compared to KRW 3,158 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. 
