Deutsch Motors Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023 at 03:18 am EST
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Deutsch Motors Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was KRW 13,978.63 million compared to KRW 7,605.83 million a year ago. Net income was KRW 10.84 million compared to KRW 6,342.61 million a year ago.
For the nine months, sales was KRW 28,784.39 million compared to KRW 22,001.42 million a year ago. Net income was KRW 6,555.2 million compared to KRW 31,007.88 million a year ago. Basic earnings per share from continuing operations was KRW 211 compared to KRW 1,042 a year ago. Diluted earnings per share from continuing operations was KRW 209 compared to KRW 967 a year ago. Basic earnings per share was KRW 211 compared to KRW 1,042 a year ago. Diluted earnings per share was KRW 209 compared to KRW 967 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.