Heung-A Shipping Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 12:05 am EST
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Heung-A Shipping 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 52,883.23 million compared to KRW 19,253.96 million a year ago. Net income was KRW 6,840.39 million compared to KRW 799.44 million a year ago. Basic earnings per share from continuing operations was KRW 28.5 compared to KRW 3.3 a year ago. Diluted earnings per share from continuing operations was KRW 28.5 compared to KRW 3.3 a year ago. Basic earnings per share was KRW 28.5 compared to KRW 3.3 a year ago.
For the nine months, sales was KRW 125,521.38 million compared to KRW 55,759.72 million a year ago. Net income was KRW 7,959.76 million compared to KRW 41,338.04 million a year ago. Basic earnings per share from continuing operations was KRW 33.1 compared to KRW 391.5 a year ago. Diluted earnings per share from continuing operations was KRW 33.1 compared to KRW 391.5 a year ago. Basic earnings per share was KRW 33.1 compared to KRW 391.5 a year ago.
HEUNG-A SHIPPING CO.,LTD is a Korea-based company engaged in the marine transportation business. The Company mainly provides its marine transportation services through two divisions: container carrier division and tanker division. Its container carrier division transports cargoes using full container vessels to Japan, China and South East Asia. Its tanker division transports liquefied bulk cargoes, such as organic and inorganic chemicals, vegetable and fat oils, acid products, clean petroleum products and others using chemical tanker vessels to East Asia, South East Asia, India and Middle East Asia. It is also engaged in the provision of container yard (CY) services and real estate rental business.
HEUNG-A SHIPPING CO.,LTD. 
