Hanla IMS Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 15, 2021 at 12:15 am EST
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Hanla IMS Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was KRW 13,161.48 million compared to KRW 10,138.16 million a year ago. Net income was KRW 1,024.81 million compared to net loss of KRW 935.35 million a year ago. Basic earnings per share from continuing operations was KRW 58 compared to basic loss per share from continuing operations of KRW 57 a year ago. Diluted earnings per share from continuing operations was KRW 58 compared to diluted loss per share from continuing operations of KRW 57 a year ago. Basic earnings per share was KRW 58 compared to basic loss per share of KRW 57 a year ago.
For the nine months, sales was KRW 40,141.18 million compared to KRW 35,947.4 million a year ago. Net income was KRW 2,677.78 million compared to KRW 2,882.82 million a year ago. Basic earnings per share from continuing operations was KRW 156 compared to KRW 174 a year ago. Diluted earnings per share from continuing operations was KRW 156 compared to KRW 174 a year ago. Basic earnings per share was KRW 156 compared to KRW 174 a year ago.
HANLA IMS CO., LTD. is a Korea-based company engaged in the manufacturing of monitoring systems for ships. The Company's offerings consist of remote automatic water level monitoring and alarm systems for ships, general water level monitoring and alarm systems, valve automatic switchgear systems, oil pressure machine systems and liquid emitting diode (LED) systems. The Company provides its products mainly to shipbuilders. It distributes its products within domestic market and to overseas markets.