Haengnam Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was KRW 18.71 million compared to KRW 26.72 million a year ago. Net loss was KRW 229.48 million compared to net income of KRW 162.79 million a year ago. Basic loss per share from continuing operations was KRW 5 compared to basic earnings per share from continuing operations of KRW 4 a year ago. Diluted loss per share from continuing operations was KRW 5. Basic loss per share was KRW 5 compared to basic earnings per share of KRW 4 a year ago.
For the nine months, sales was KRW 66.75 million compared to KRW 92.09 million a year ago. Net income was KRW 915.94 million compared to net loss of KRW 147.09 million a year ago. Basic earnings per share from continuing operations was KRW 20 compared to basic loss per share from continuing operations of KRW 3 a year ago. Diluted earnings per share from continuing operations was KRW 20. Basic earnings per share was KRW 20 compared to basic loss per share of KRW 3 a year ago.