Doosan Enerbility Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 02:55 am EST
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Doosan Enerbility 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 80,241.12 million compared to KRW 96,822.73 million a year ago. Net income was KRW 86,149.59 million compared to KRW 132,081.89 million a year ago. Basic earnings per share from continuing operations was KRW 23 compared to KRW 95 a year ago. Diluted earnings per share from continuing operations was KRW 23 compared to KRW 92 a year ago. Basic earnings per share was KRW 135 compared to KRW 266 a year ago. Diluted earnings per share was KRW 135 compared to KRW 258 a year ago.
For the nine months, sales was KRW 244,274.73 million compared to KRW 211,527.6 million a year ago. Net loss was KRW 145,893.41 million compared to net income of KRW 319,286.83 million a year ago. Basic loss per share from continuing operations was KRW 43 compared to basic earnings per share from continuing operations of KRW 474 a year ago. Diluted loss per share from continuing operations was KRW 43 compared to diluted earnings per share from continuing operations of KRW 467 a year ago. Basic loss per share was KRW 239 compared to basic earnings per share of KRW 739 a year ago. Diluted loss per share was KRW 239 compared to diluted earnings per share of KRW 729 a year ago.
Doosan Enerbility, formerly Doosan Heavy Industries & Construction Co Ltd, is a Korea-based company principally engaged in the industrial equipment manufacture business. The Company operates its business through six segments. The Doosan Bobcat Business segment is engaged in the manufacture and sale of construction machinery and compact equipment. The Doosan Heavy Industry Business segment is engaged in the manufacture of turbines, water treatment facilities and others. The Doosan Infracore Business segment is engaged in the manufacture and sale of internal combustion engines, construction machineries, transportation equipment and parts. The Doosan Construction Business segment is engaged in the commercial and residential buildings, roads, bridges and railways construction businesses. The Doosan Fuel Cell Business segment is engaged in the manufacture and repair services of fuel cell. The Other Business segment is engaged in the operation of golf courses.