Dongwha Enterprise Co.,Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 02:47 am EST
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Dongwha Enterprise Co.,Ltd reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was KRW 342.18 million compared to KRW 292.31 million a year ago. Net income was KRW 8,820.85 million compared to KRW 22,258.73 million a year ago. Basic earnings per share from continuing operations was KRW 483 compared to KRW 1,218 a year ago. Diluted earnings per share from continuing operations was KRW 482 compared to KRW 1,216 a year ago. Basic earnings per share was KRW 483 compared to KRW 1,218 a year ago. Diluted earnings per share was KRW 482 compared to KRW 1,216 a year ago.
For the nine months, sales was KRW 943.85 million compared to KRW 877.25 million a year ago. Net income was KRW 42,521.01 million compared to KRW 57,904.53 million a year ago. Basic earnings per share from continuing operations was KRW 2,326 compared to KRW 3,168 a year ago. Diluted earnings per share from continuing operations was KRW 2,324 compared to KRW 3,165 a year ago. Basic earnings per share was KRW 2,326 compared to KRW 3,168 a year ago. Diluted earnings per share was KRW 2,324 compared to KRW 3,165 a year ago.
DONGWHA ENTERPRISE CO.,LTD. is a Korea-based holding company engaged in the management of its subsidiaries. Through its subsidiaries, the Company operates in three businesses: materials business, which mainly engages in the manufacture of floor boards; housing business, which mainly engages in the provision of laminate floors, construction services and design services, and car life business, which engages in the sales of used cars, as well as leasing of non-residential buildings. On July 1, 2014, it merged with wholly owned subsidiary, WON CHANG TRADING.CO., LTD, engaged in the leasing business.