Daesung Holdings Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2023
May 15, 2023 at 03:23 am EDT
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Daesung Holdings Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was KRW 5,384.89 million compared to KRW 11,315.48 million a year ago. Net income was KRW 158,784.38 million compared to KRW 15,566.08 million a year ago.
Basic earnings per share from continuing operations was KRW 9,869 compared to KRW 967 a year ago. Basic earnings per share was KRW 9,869 compared to KRW 967 a year ago.
DAESUNG HOLDINGS CO., LTD. is a Korea-based holding company engaged in the management of its subsidiaries. The Company's subsidiaries consist of DAESUNG ENERGY CO., LTD., Daesung Private Equity, Inc., Daesung Energy & Environment Co., Ltd., DAESUNGGLOBALNETWORK CO., LTD., Daesung E&C, KYOUNG BUK CITY GAS CO., LTD and others, which are mainly engaged in the natural gas supply and distribution, venture capital investment, land fill gas utilization, telemarketing, communication equipment maintenance, plant piping system construction, residential building construction, and other businesses. The Company also operates in two business divisions. The educational content division provides educational solutions, contents and e-learning related services. The information technology (IT) division provides data processing, system integration, educational contents development, as well as wired telephone and Internet phone services and operates mobile business.