Dasan Solueta Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 02:37 am EST
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Dasan Solueta Co.,Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was KRW 526.48 million compared to KRW 598.95 million a year ago. Net income was KRW 3,205.42 million compared to KRW 32.92 million a year ago. Basic earnings per share from continuing operations was KRW 175 compared to KRW 2 a year ago. Diluted earnings per share from continuing operations was KRW 175 compared to KRW 20 a year ago. Basic earnings per share was KRW 175 compared to KRW 2 a year ago.
For the nine months, sales was KRW 1,405.48 million compared to KRW 1,742.57 million a year ago. Net loss was KRW 6,597.86 million compared to net income of KRW 2,323.93 million a year ago. Basic loss per share from continuing operations was KRW 410 compared to basic earnings per share from continuing operations of KRW 168 a year ago. Diluted loss per share from continuing operations was KRW 410 compared to diluted earnings per share from continuing operations of KRW 149 a year ago. Basic loss per share was KRW 410 compared to basic earnings per share of KRW 168 a year ago.
Dasan Solueta Co Ltd, formerly Solueta Co Ltd, is a Korea-based company primarily engaged in the manufacture and sale of automotive parts. The Company operates its business through three segments. The Automobile Parts segment is engaged in the manufacture and sale of products such as anti-vibration rubber, air hose, weather strip and damping bush. The Electromagnetic Wave Shielding Material segment is engaged in the manufacture and sale of products such as conductive tapes, conductive cushions and radio wave absorbers. The Filter segment is engaged in the manufacture and sale of melt blown filters.
DASAN SOLUETA CO.,LTD. 
