E1 Corporation Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 02:21 am EST
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E1 Corporation reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was KRW 1,839,483.01 million compared to KRW 2,015,351.58 million a year ago. Net income was KRW 27,953.24 million compared to KRW 20,795.4 million a year ago. Basic earnings per share from continuing operations was KRW 4,835 compared to KRW 3,597 a year ago. Diluted earnings per share from continuing operations was KRW 4,835 compared to KRW 3,597 a year ago. Basic earnings per share was KRW 4,835 compared to KRW 3,597 a year ago.
For the nine months, sales was KRW 200,160 million compared to KRW 183,458.62 million a year ago. Net income was KRW 213,920.8 million compared to KRW 87,348.57 million a year ago. Basic earnings per share from continuing operations was KRW 36,999 compared to KRW 15,108 a year ago. Diluted earnings per share from continuing operations was KRW 36,999 compared to KRW 15,108 a year ago. Basic earnings per share was KRW 36,999 compared to KRW 15,108 a year ago.
E1 Corporation is a Korea-based company mainly engaged in the liquefied petroleum gas (LPG) business. The Company imports LPG mainly from Saudi Arabia, the United Arab Emirates, Kuwait, and other oil-producing countries in the Middle East, and distributes LPG to oil refining companies, gas stations and city gas companies in domestic market. It also exports LPG to overseas markets, including China, Japan, Singapore, Thailand, Vietnam and others. The Company operates terminals in Yeosu and Incheon. In addition, the Company engages in the real estate rental business.