Daesung Industrial Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 16, 2022 at 03:18 am EDT
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Daesung Industrial 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 408,632.55 million compared to KRW 248,472.17 million a year ago. Net loss was KRW 2,376.04 million compared to net income of KRW 5,071.54 million a year ago. Basic loss per share from continuing operations was KRW 66 compared to basic earnings per share from continuing operations of KRW 206 a year ago. Diluted loss per share from continuing operations was KRW 66 compared to diluted earnings per share from continuing operations of KRW 206 a year ago. Basic loss per share was KRW 66 compared to basic earnings per share of KRW 143 a year ago. Diluted loss per share was KRW 66 compared to diluted earnings per share of KRW 143 a year ago.
For the six months, sales was KRW 12,535.08 million compared to KRW 9,964.03 million a year ago. Net income was KRW 4,546.18 million compared to KRW 4,821.77 million a year ago. Basic earnings per share from continuing operations was KRW 124 compared to KRW 250 a year ago. Diluted earnings per share from continuing operations was KRW 124 compared to KRW 250 a year ago. Basic earnings per share was KRW 124 compared to KRW 137 a year ago. Diluted earnings per share was KRW 124 compared to KRW 137 a year ago.
Daesung Industrial Co., Ltd. is a Korea-based company mainly engaged in the distribution of petroleum gas. It operates its businesses through four segments. It oil/gas segment operates gas stations and charging stations, selling oils and other gases, as well as develops oil and gas fields in overseas mining lots. Its construction segment constructs residential, commercial and industrial buildings, including apartments, offices, hotels, theaters, factories and others. Its distribution segment operates complex shopping town, including department stores, hotels, musical theaters and others. Its other segment involves in the cogeneration business, providing local heat, steam and electricity; provision of gas meters, gas boilers and hydraulic valves used for agricultural machineries; computer system integration, as well as coal mining. On December 4, 2013, it transferred all the asset and debts of Kojen Business Unit to DS POWER CO,.LTD.
DAESUNG INDUSTRIAL CO., LTD. 
