Daewon Sanup Co., Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 15, 2021 at 03:10 am EST
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Daewon Sanup 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 169,710.21 million compared to KRW 157,579 million a year ago. Net income was KRW 10,712.47 million compared to net loss of KRW 5,152.96 million a year ago. Basic earnings per share from continuing operations was KRW 535 compared to basic loss per share from continuing operations of KRW 257 a year ago. Diluted earnings per share from continuing operations was KRW 535 compared to diluted loss per share from continuing operations of KRW 257 a year ago. Basic earnings per share was KRW 535 compared to basic loss per share of KRW 257 a year ago.
For the nine months, sales was KRW 573,105.92 million compared to KRW 419,423.39 million a year ago. Net income was KRW 17,653.82 million compared to net loss of KRW 3,470.68 million a year ago. Basic earnings per share from continuing operations was KRW 881 compared to basic loss per share from continuing operations of KRW 173 a year ago. Diluted earnings per share from continuing operations was KRW 881 compared to diluted loss per share from continuing operations of KRW 173 a year ago. Basic earnings per share was KRW 881 compared to basic loss per share of KRW 173 a year ago.
DAE WON SAN UP CO., LTD is a Korea-based company engaged in the manufacture and distribution of automobile seats. The Companyâs products include Grand Carnival series, Pride series, Forte series, Forte Koup series and Morning series. The Company also provides components for seats manufacturing. The Company distributes its products within domestic market and to overseas markets. Its main clients are HYUNDAI MOTOR, HUYUNDAI MOBIS, KIA MOTORS and DYMOS. On November 20, 2013, the Company established a wholly owned subsidiary, engaged in the production and sale of automobile seat parts and automibile parts, as well as logistics service.
DAEWON SANUP CO., LTD 
