Daehan Steel Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 12:15 am EST
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Daehan Steel Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was KRW 429,330.03 million compared to KRW 538,868.06 million a year ago. Net income was KRW 21,798.67 million compared to KRW 44,767.83 million a year ago. Basic earnings per share from continuing operations was KRW 1,174 compared to KRW 2,075 a year ago. Diluted earnings per share from continuing operations was KRW 1,174 compared to KRW 2,075 a year ago. Basic earnings per share was KRW 1,174 compared to KRW 2,075 a year ago.
For the nine months, sales was KRW 596.02 million compared to KRW 1,161.19 million a year ago. Net income was KRW 87,945.5 million compared to KRW 111,453.53 million a year ago. Basic earnings per share from continuing operations was KRW 4,590 compared to KRW 5,166 a year ago. Diluted earnings per share from continuing operations was KRW 4,590 compared to KRW 5,166 a year ago. Basic earnings per share was KRW 4,590 compared to KRW 5,166 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. 
