Doosan Heavy Industries & Construction Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 12, 2021 at 03:20 am EST
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Doosan Heavy Industries & Construction Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was KRW 60,926.07 million compared to KRW 51,888.19 million a year ago. Net income was KRW 132,081.89 million compared to net loss of KRW 148,550.36 million a year ago. Basic earnings per share from continuing operations was KRW 109 compared to basic loss per share from continuing operations of KRW 610 a year ago. Diluted earnings per share from continuing operations was KRW 105. Basic earnings per share was KRW 266 compared to basic loss per share of KRW 587 a year ago. Diluted earnings per share was KRW 258 compared to diluted loss per share of KRW 587 a year ago.
For the nine months, sales was KRW 161,875.39 million compared to KRW 75,925.4 million a year ago. Net income was KRW 319,286.83 million compared to net loss of KRW 888,794.58 million a year ago. Basic earnings per share from continuing operations was KRW 498 compared to basic loss per share from continuing operations of KRW 3,786 a year ago. Diluted earnings per share from continuing operations was KRW 491. Basic earnings per share was KRW 739 compared to basic loss per share of KRW 3,622 a year ago. Diluted earnings per share was KRW 729 compared to diluted loss per share of KRW 3,622 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.