Dongwha Enterprise Co.,Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 03:09 am EST
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Dongwha Enterprise 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 360.83 million compared to KRW 342.18 million a year ago. Net loss was KRW 46,899.35 million compared to net income of KRW 8,820.85 million a year ago. Basic loss per share from continuing operations was KRW 1,025.6 compared to basic earnings per share from continuing operations of KRW 193.2 a year ago. Diluted loss per share from continuing operations was KRW 1,025.6 compared to diluted earnings per share from continuing operations of KRW 192.8 a year ago. Basic loss per share was KRW 1,025.6 compared to basic earnings per share of KRW 193.2 a year ago.
For the nine months, sales was KRW 1,508.53 million compared to KRW 943.85 million a year ago. Net loss was KRW 70,320.35 million compared to net income of KRW 42,521.01 million a year ago. Basic loss per share from continuing operations was KRW 1,538.4 compared to basic earnings per share from continuing operations of KRW 930.4 a year ago. Diluted loss per share from continuing operations was KRW 1,538.4 compared to diluted earnings per share from continuing operations of KRW 929.6 a year ago. Basic loss per share was KRW 1,538.4 compared to basic earnings per share of KRW 930.4 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.