Dongil Metal Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 01:06 am EST
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Dongil Metal 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 26,599.42 million compared to KRW 28,640.72 million a year ago. Net loss was KRW 5,894.39 million compared to net income of KRW 4,872.21 million a year ago. Basic loss per share from continuing operations was KRW 697 compared to basic earnings per share from continuing operations of KRW 576 a year ago. Basic loss per share was KRW 697 compared to basic earnings per share of KRW 576 a year ago.
For the nine months, sales was KRW 87,976.56 million compared to KRW 80,182.21 million a year ago. Net loss was KRW 373.08 million compared to net income of KRW 12,626.43 million a year ago. Basic loss per share from continuing operations was KRW 44 compared to basic earnings per share from continuing operations of KRW 1,493 a year ago. Basic loss per share was KRW 44 compared to basic earnings per share of KRW 1,493 a year ago.
DONGIL METAL CO., LTD. is a Korea-based company engaged in the manufacture of steel casting products used for construction machineries. The Company's product portfolio consists of excavator components and crawler crane components. Its excavator components include idler assemblies, track spring assemblies, rear bearings, center bearings and boom bearings. Its crawler crane components include track shoe assemblies, boom joints, tumblers and idlers. The Company distributes its products within domestic market and to overseas markets.