HSD Engine Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 12, 2022 at 01:22 am EDT
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HSD Engine Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was KRW 169.69 million compared to KRW 169.69 million a year ago. Net loss was KRW 31,090.9 million compared to KRW 2,972 million a year ago. Basic loss per share from continuing operations was KRW 555 compared to KRW 60.8333 a year ago. Diluted loss per share from continuing operations was KRW 555 compared to KRW 60.8333 a year ago. Basic loss per share was KRW 666 compared to KRW 73 a year ago.
For the six months, sales was KRW 339.32 million compared to KRW 354.46 million a year ago. Net loss was KRW 35,818.25 million compared to KRW 9,962.62 million a year ago. Basic loss per share from continuing operations was KRW 639.1667 compared to KRW 216.6667 a year ago. Diluted loss per share from continuing operations was KRW 639.1667 compared to KRW 216.6667 a year ago. Basic loss per share was KRW 767 compared to KRW 260 a year ago.
Hanwha Engine Co Ltd, formerly HSD Engine Co Ltd, is a Korea-based company that principally engaged in manufacturing and sales of marine diesel engines. The Company operates its business through two segments. The Marine Engine segment is principally engaged in the manufacturing and sales of marine engines and environmental pollution prevention facilities. The Other segments is principally engaged in the distribution of land-based power generation engines and components, as well as the real estate leasing business.