Histeel Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 11, 2022 at 01:44 am EST
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Histeel 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 0.00038 million compared to KRW 0.00013 million a year ago. Net income was KRW 4,370.92 million compared to KRW 3,339.16 million a year ago. Basic earnings per share from continuing operations was KRW 218 compared to KRW 167 a year ago. Basic earnings per share was KRW 218 compared to KRW 167 a year ago.
For the nine months, negative sales was KRW 0.0001 million compared to sales of KRW 0.00043 million a year ago. Net income was KRW 12,826.49 million compared to KRW 13,949.57 million a year ago. Basic earnings per share from continuing operations was KRW 641 compared to KRW 698 a year ago. Basic earnings per share was KRW 641 compared to KRW 698 a year ago.
HISTEEL CO., LTD. is a Korea-based company engaged in the manufacture and distribution of steel pipes. The Company produces steel pipes, including submerged arc welded (SAW) pipes, such as line pipes, pressure pipes, structural pipes and pipe piles, as well as electric resistance welded (ERW) pipes, such as square pipes, ordinary pipes, structural pipes, automotive pipes and others under the brand name of HISTEEL, which are used for automobiles, boilers, shipping machines, pipes, furniture, buildings and others. The Company distributes its products within domestic market and to overseas markets.
HISTEEL CO.,LTD. 
