Doosan Enerbility Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 11, 2023 at 04:56 am EDT
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Doosan Enerbility Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was KRW 81,072.76 million compared to KRW 86,104.11 million a year ago. Net income was KRW 107,389.6 million compared to net loss of KRW 193,696.1 million a year ago. Basic earnings per share from continuing operations was KRW 168 compared to basic loss per share from continuing operations of KRW 3 a year ago. Diluted earnings per share from continuing operations was KRW 168 compared to diluted loss per share from continuing operations of KRW 3 a year ago. Basic earnings per share was KRW 168 compared to basic loss per share of KRW 306 a year ago. Diluted earnings per share was KRW 168 compared to diluted loss per share of KRW 306 a year ago.
For the six months, sales was KRW 149,395.53 million compared to KRW 164,033.61 million a year ago. Net income was KRW 176,939.34 million compared to net loss of KRW 232,043 million a year ago. Basic earnings per share from continuing operations was KRW 277 compared to basic loss per share from continuing operations of KRW 68 a year ago. Diluted earnings per share from continuing operations was KRW 276 compared to diluted loss per share from continuing operations of KRW 68 a year ago. Basic earnings per share was KRW 277 compared to basic loss per share of KRW 388 a year ago. Diluted earnings per share was KRW 276 compared to diluted loss per share of KRW 388 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.