HL Mando Corporation Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 01:45 am EST
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HL Mando Corporation reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was KRW 2,119,142.82 million compared to KRW 1,968,389.04 million a year ago. Net income was KRW 12,915.89 million compared to KRW 129,142.53 million a year ago. Basic earnings per share from continuing operations was KRW 276 compared to KRW 2,758 a year ago. Basic earnings per share was KRW 276 compared to KRW 2,758 a year ago.
For the nine months, sales was KRW 18,968.91 million compared to KRW 11,054.6 million a year ago. Net income was KRW 100,067.83 million compared to KRW 194,806.17 million a year ago. Basic earnings per share from continuing operations was KRW 2,134 compared to KRW 4,160 a year ago. Basic earnings per share was KRW 2,134 compared to KRW 4,160 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 
