ESang Networks Co.,Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 12:32 am EST
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eSang Networks Co.,Ltd reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was KRW 5,451.11 million compared to KRW 5,538.17 million a year ago. Net income was KRW 1,234.88 million compared to KRW 1,894.66 million a year ago. Basic earnings per share from continuing operations was KRW 126 compared to KRW 192 a year ago. Basic earnings per share was KRW 126 compared to KRW 192 a year ago.
For the nine months, sales was KRW 17,149.47 million compared to KRW 17,116.2 million a year ago. Net income was KRW 4,907.09 million compared to KRW 5,921.31 million a year ago. Basic earnings per share from continuing operations was KRW 499 compared to KRW 589 a year ago. Basic earnings per share was KRW 499 compared to KRW 599 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.