Solueta Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 16, 2022 at 03:38 am EDT
Share
Solueta 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 535.66 million compared to KRW 583.57 million a year ago. Net income was KRW 3,744.59 million compared to net loss of KRW 615.91 million a year ago. Basic earnings per share from continuing operations was KRW 271 compared to basic loss per share from continuing operations of KRW 54 a year ago. Diluted earnings per share from continuing operations was KRW 83 compared to diluted loss per share from continuing operations of KRW 54 a year ago. Basic earnings per share was KRW 271 compared to basic loss per share of KRW 46 a year ago. Diluted earnings per share was KRW 83.
For the six months, sales was KRW 1,143.62 million compared to KRW 889.74 million a year ago. Net income was KRW 2,291.01 million compared to net loss of KRW 801.29 million a year ago. Basic earnings per share from continuing operations was KRW 166 compared to basic loss per share from continuing operations of KRW 53 a year ago. Diluted earnings per share from continuing operations was KRW 84 compared to diluted loss per share from continuing operations of KRW 53 a year ago. Basic earnings per share was KRW 166 compared to basic loss per share of KRW 60 a year ago. Diluted earnings per share was KRW 84.
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. 
