ENERGY&MACHINERY KOREA Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2023
March 19, 2024 at 10:55 pm EDT
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ENERGY&MACHINERY KOREA Co.,Ltd. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was KRW 102,239.44 million compared to KRW 95,528.61 million a year ago. Net loss was KRW 2,249.01 million compared to KRW 9,456.1 million a year ago.
Basic loss per share from continuing operations was KRW 53 compared to KRW 222 a year ago. Basic loss per share was KRW 53 compared to KRW 222 a year ago.
ENERGY&MACHINERY KOREA Co.,Ltd. is a Korea-based company mainly engaged in the manufacture of machine tools. The Company operates its business through five main segments: machine tool segment, which produces computer numerical control (CNC) machine tools used to produce super-precision processing machines for automobiles, airplanes, ships and others; defense segment, which produces precision components used for aircrafts and armored cars; power plant generation segment, which produces nuclear power equipment components; steel segment provides steel manufacturing facilities to Hyundai-Steel Co., Ltd., and energy segment engages in the manufacture of ballast water treatment equipment. The Company distributes its products within domestic market and to overseas markets.