Daesung Industrial Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 02:51 am EDT
Share
Daesung Industrial Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was KRW 5,414.54 million compared to KRW 6,602 million a year ago. Net loss was KRW 172.67 million compared to KRW 2,376.04 million a year ago. Basic loss per share from continuing operations was KRW 5 compared to KRW 66 a year ago. Diluted loss per share from continuing operations was KRW 5 compared to KRW 66 a year ago. Basic loss per share was KRW 5 compared to KRW 66 a year ago.
For the six months, sales was KRW 10,264.7 million compared to KRW 12,535.08 million a year ago. Net income was KRW 5,775.7 million compared to KRW 4,546.18 million a year ago. Basic earnings per share from continuing operations was KRW 154 compared to KRW 124 a year ago. Diluted earnings per share from continuing operations was KRW 154 compared to KRW 124 a year ago. Basic earnings per share was KRW 154 compared to KRW 124 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.