DRB Industrial Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 15, 2021 at 02:49 am EST
Share
DRB Industrial 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 371.08 million compared to KRW 118.73 million a year ago. Net income was KRW 1,716.23 million compared to net loss of KRW 484.97 million a year ago. Basic earnings per share from continuing operations was KRW 123 compared to basic loss per share from continuing operations of KRW 35 a year ago. Diluted earnings per share from continuing operations was KRW 123 compared to diluted loss per share from continuing operations of KRW 35 a year ago. Basic earnings per share was KRW 123 compared to basic loss per share of KRW 36 a year ago.
For the nine months, sales was KRW 776.96 million compared to KRW 529.76 million a year ago. Net income was KRW 5,400.7 million compared to KRW 8,231.77 million a year ago. Basic earnings per share from continuing operations was KRW 389 compared to KRW 592 a year ago. Diluted earnings per share from continuing operations was KRW 389 compared to KRW 592 a year ago. Basic earnings per share was KRW 389 compared to KRW 603 a year ago.
DRB Industrial Co., Ltd. is a Korea-based company engaged in the manufacture and sale of industrial rubber products. The Companyâs products consist of power transmission belts used for automotive, home and office appliances and equipment, chemicals and other industries; rubber track used as wheel part of agricultural and construction machines; undercarriage systems used in construction and agriculture industries; conveyor belts and systems, as well as others. The Company distributes its products within domestic market and to overseas markets, including the Americas, Japan and others.
DRB INDUSTRIAL CO., LTD. 
