ESang Networks Co.,Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 01:31 am EST
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eSang Networks 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 5,538.17 million compared to KRW 4,827.4 million a year ago. Net income was KRW 1,894.66 million compared to KRW 1,159.1 million a year ago. Basic earnings per share from continuing operations was KRW 192 compared to KRW 123 a year ago. Basic earnings per share was KRW 192 compared to KRW 117 a year ago.
For the nine months, sales was KRW 17,116.2 million compared to KRW 15,556.44 million a year ago. Net income was KRW 5,921.31 million compared to KRW 4,052.18 million a year ago. Basic earnings per share from continuing operations was KRW 589 compared to KRW 456 a year ago. Basic earnings per share was KRW 599 compared to KRW 409 a year ago.
eSang Networks Co.,Ltd is a Korea-based company mainly engaged in the electronic commerce. Along with subsidiaries, the Company operates its business through three segments. The Service segment is engaged in electronic commerce, exhibition and information technology (IT) business. The Steel segment is engaged in the procurement, manufacturing and procurement of steel products. The Other segment is engaged in real estate leasing.