DRB Industrial Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 01:59 am EST
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DRB Industrial 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 224.92 million compared to KRW 371.08 million a year ago. Net income was KRW 7,118.12 million compared to KRW 1,716.23 million a year ago. Basic earnings per share from continuing operations was KRW 512 compared to KRW 123 a year ago. Diluted earnings per share from continuing operations was KRW 512 compared to KRW 123 a year ago. Basic earnings per share was KRW 512 compared to KRW 123 a year ago.
For the nine months, sales was KRW 923.18 million compared to KRW 776.96 million a year ago. Net income was KRW 8,555.2 million compared to KRW 5,400.7 million a year ago. Basic earnings per share from continuing operations was KRW 615 compared to KRW 389 a year ago. Diluted earnings per share from continuing operations was KRW 615 compared to KRW 389 a year ago. Basic earnings per share was KRW 615 compared to KRW 389 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. 
