Deutsch Motors Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 15, 2021 at 03:08 am EST
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Deutsch Motors Inc. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was KRW 413,474.13 million compared to KRW 374,324.93 million a year ago. Net income was KRW 7,570.18 million compared to KRW 3,719.26 million a year ago. Basic earnings per share from continuing operations was KRW 247 compared to KRW 134.3137 a year ago. Diluted earnings per share from continuing operations was KRW 232 compared to KRW 131.3725 a year ago. Basic earnings per share was KRW 247 compared to KRW 137 a year ago. Diluted earnings per share was KRW 232 compared to KRW 134 a year ago.
For the nine months, sales was KRW 1,347,076.3 million compared to KRW 1,062,537.48 million a year ago. Net income was KRW 28,817.83 million compared to KRW 12,641.91 million a year ago. Basic earnings per share from continuing operations was KRW 946 compared to KRW 452.9412 a year ago. Diluted earnings per share from continuing operations was KRW 869 compared to KRW 440.1961 a year ago. Basic earnings per share was KRW 946 compared to KRW 462 a year ago. Diluted earnings per share was KRW 869 compared to KRW 449 a year ago.
DEUTSCH MOTORS INC. is a Korea-based company engaged in the marketing of imported automobiles. The Company mainly markets imported automobiles under the brand name BMW, such as BMW 1 series, BMW 3 series, BMW 5 series, BMW 6 series, BMW 7 series, BMW M series, BMW X series, BMW Z4 series, BMW Gran Turismo and BMW ActiveHybrid, as well as imported cars under the brand name MINI COOPER. The Company is also engaged in the sale of used automobiles and leasing business. In addition, it involves in the provision of after services, repair and other related services.