HL Mando Corporation Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 03:29 am EDT
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HL Mando Corporation reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was KRW 2,086,768.04 million compared to KRW 1,679,016.19 million a year ago. Net income was KRW 47,883.67 million compared to KRW 35,855.7 million a year ago. Basic earnings per share from continuing operations was KRW 1,021 compared to KRW 766 a year ago. Basic earnings per share was KRW 1,021 compared to KRW 766 a year ago.
For the six months, sales was KRW 12,962.14 million compared to KRW 7,967.49 million a year ago. Net income was KRW 87,151.95 million compared to KRW 65,663.64 million a year ago. Basic earnings per share from continuing operations was KRW 1,858 compared to KRW 1,402 a year ago. Basic earnings per share was KRW 1,858 compared to KRW 1,402 a year ago.
HL Mando Corp, formerly Mando Corp, is a Korea-based company mainly engaged in the production and sale of automobile parts. The Company produces and sells automobile parts such as brake, steering and suspension systems. The brake systems include anti-lock brake systems (ABSs), traction control systems (TCSs) and electronic stability controls (ESCs). The steering systems include steering gear systems, steering columns and electric power steering (EPS). The suspension systems include electronically controlled suspensions (ECSs) and continuous damping controls (CDCs). The Company sells products in domestic and overseas markets such as China, the United States, and India.
HL MANDO CORPORATION 
